Business, 09.12.2021 17:10 jamaiciaw6
Sophie Company has decided that direct labor hours is a good basis on which to apply overhead to production. Budgeted manufacturing overhead for the coming year is $500,000. Budgeted direct materials purchases is $400,000. Budgeted direct labor cost is $720,000. Budgeted direct labor hours for the coming year is 20,000 hours. What is Sophie Company’s PREDETERMINED OVERHEAD RATE? Group of answer choices $56 per hour $25 per hour $36 per hour $61 per hour $20 per hour
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