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2. EGF Corporation budgeted Total Manufacturing overhead $20,000,000 with the proportion of 65% fixed overhead and 35% variable overhead at normal capacity for 500,000 direct
2. EGF Corporation budgeted Total Manufacturing overhead $20,000,000 with the proportion of 65% fixed overhead and 35% variable overhead at normal capacity for 500,000 direct labor hours with direct labor costs of $10,000,000 while actual overhead was $19,500.00 and actual direct labor cost was $10,500,000. The amount of the total overhead rate on the basis of direct labor costs is.... A. 70% B. 200% C. 130% D. 195%
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