Question
A company expected its annual overhead costs are expected to be $600,000 and direct labor costs to be $1,000,000. Actual overhead was $580,000, and actual
A company expected its annual overhead costs are expected to be $600,000 and direct labor costs to be $1,000,000. Actual overhead was $580,000, and actual labor costs totaled $1,100,000. How much is the companys predetermined overhead rate to the nearest cent?
a. $0.58
b. $0.53
c. $0.60
d. $0.55
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen
4th Edition
0324069731, 978-0324069730
