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1. The following information has been gathered for Foxmoor Industries for its fiscal year ending December 31: Estimated factory overhead costs $ 1,959,200 Actual factory

1. The following information has been gathered for Foxmoor Industries for its fiscal year ending December 31:

Estimated factory overhead costs $ 1,959,200
Actual factory overhead costs $ 1,793,200
Estimated labor hours 62,000
Actual labor hours 65,700
Estimated labor costs $ 763,000
Actual labor costs $ 847,125
Estimated machine hours 103,000
Actual machine hours 109,600

What is the predetermined factory overhead rate per labor hour?

Multiple Choice

  • $29.36.

  • $31.60.

  • $37.43.

  • $34.71.

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