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ABC Company made the following estimates for the current year: Molding Assembly Total Estimated Overhead cost $360,000 $540,000 $900,000 Direct labor hours 12,000 30,000 42,000
ABC Company made the following estimates for the current year:
| Molding | Assembly | Total |
Estimated Overhead cost | $360,000 | $540,000 | $900,000 |
Direct labor hours | 12,000 | 30,000 | 42,000 |
Machine Hours | 10,000 | 20,000 | 30,000 |
The plant-wide predetermined overhead head rate based on machine hours would be
$18
$17
$30
$36
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