Question
A company expected its annual overhead costs to be $2,011,539 and direct labor costs to be $1,841,422. Actual overhead was $1,987,423, and actual labor costs
A company expected its annual overhead costs to be $2,011,539 and direct labor costs to be $1,841,422. Actual overhead was $1,987,423, and actual labor costs totaled $1,377,817. How much is the companys predetermined overhead rate to the nearest cent?
IMPORTANT!!
PROVIDE UP TO 2 DECIMAL POINTS IN YOUR ANSWER AND PUT "$" IN FRONT OF YOUR ANSWER.
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Strategy, Value And RiskThe Real Options Approach
Authors: J. Rogers
2nd Edition
0230577377, 9780230577374
