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15. What is the plantwide predetermined overhead rate? Multiple Choice $5.50 $7.50 $6.50 Assume a company had no jobs in progress at the beginning of

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image text in transcribed What is the plantwide predetermined overhead rate? Multiple Choice $5.50 $7.50 $6.50

Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during JulyJob Y and Job Z The company uses a plantwide predetermined overhead rate based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and Z: $ 8,000 $ 7,500 Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labor-hour Estimated total direct labor hours to be worked Total actual manufacturing overhead costs incurred $ 13,000 $ 1.00 $ 12,800 Direct materials Direct labor cost Actual direct labor hours worked What is the plantwide predetermined overhead rate? Multiple Choice ] 0b $ 13,oe $ 21,oe Job z soo O O O ss_so S7_so

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