Business, 21.09.2021 18:40 sascsl7973

Phillips Sporting Goods manufactures various sporting goods including tennis rackets and golf clubs. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Estimated Overhead Cost Expected Activity Labor-related $ 31,200 5,000 direct labor-hours Machine-related $ 1,250 5,000 machine-hours Machine setups $ 36,000 1,200 setups Production orders $ 18,000 500 orders Product testing $ 22,000 1,100 tests Packaging $ 42,900 3,900 packages General factory $ 56,000 5,000 direct labor-hours 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.)

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