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Boaz Company had the following information: Estimated Overhead $ 300,000 Actual Overhead $ 350,000 Estimated labor hours 75,000 Actual labor hours 84,000 What is the
Boaz Company had the following information: |
Estimated Overhead | $ | 300,000 |
Actual Overhead | $ | 350,000 |
Estimated labor hours | 75,000 | |
Actual labor hours | 84,000 |
What is the predetermined overhead rate if labor hours are used as the allocation base? |
a. $3.57 per labor-hour
b. $4.00 per labor-hour
c. $4.67 per labor-hour
d. $4.17 per labor-hour
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