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Bella, Inc. manufactures two kinds of bags-totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as
Bella, Inc. manufactures two kinds of bags-totes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $25,250. Additional estimated information is given below. Direct materials cost per unit Direct labor cost per unit Number of units Totes Satchels $34 $44 $52 $64 520 350 Calculate the predetermined overhead allocation rate. (Round your answer to two decimal places.) OA. 51.07% B. 88.71% OC. 1.42% OD. 93.38%
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