46

Question 46 of 50 Bonita Industries provided the following information from its accounting records for 2019. Estimated production Actual production 20000 labor hours 16000 labor hours $1000000 $960000 Budgeted overhead Actual overhead How much is the overhead application rate if Bonita Industries bases the rate on direct labor hours? O $48.00 per hour O $50.00 per hour O $60.00 per hour O $62.50 per hour Save for Later Attempts: 0