Caddo Electric Motors $($CEM$)$ uses a job costing system and has estimated

manufacturing overhead of $$1,500,000.$ It has direct labor costs of $$3,000,000$ and

direct labor hours of $500,000.$ Use this information for the following $(6$ points$)$:

Blank $1$: What is the predetermined overhead rate, assuming CEM uses direct labor

cost$?$

Blank $2$: What is the predetermined overhead rate, assuming CEM uses direct labor

hours?

A

A

A