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6 TB MC Qu. 02-152 (Algo) Figment Imagination Company allocates... Figment Imagination Company allocates overhead to production on the basis of direct labor costs. At

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6 TB MC Qu. 02-152 (Algo) Figment Imagination Company allocates... Figment Imagination Company allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Figment estimated total overhead of $381,600; materials of $402,000 and direct labor of $212,000. During the year Figment incurred $410,000 in materials costs, $414,500 in 5 overhead costs and $216,000 in direct labor costs. Compute the predetermined overhead rate. points 00-55:40 Multiple Choice Book O 95% O 189.0%. O 180.0% O 192.0%. O 56%

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