100) The following data relates to Spurrier Company's estimated amounts for next year. Estimated: Department 1 Department...
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Question:
100) The following data relates to Spurrier Company's estimated amounts for next year.
Estimated: | Department 1 | Department 2 |
Manufacturing overhead costs | $1,100,000 | $3,300,000 |
Direct labor hours | 545,000 DLH | 795,000 DLH |
Machine hours | 90,000 MH | 24,000 MH |
What is the company's plantwide overhead rate if direct labor hours are the allocation base? (Round your answer to two decimal places.)
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$3.43 per direct labor hour.
$.50 per direct labor hour.
$.30 per direct labor hour.
$3.28 per direct labor hour.
$4.15 per direct labor hour.
$2.02 per direct labor hour.
$3.31 per direct labor hour.
$2.04 per direct labor hour.
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