CHAPTER 4 eBook Show Me How 11. MC.04.03 12. MC.04.04 Predetermined Overhead Rate, Overhead Application At the beginning of the year, Ilberg Company estimated the following costs: Overhead Direct labor cost $416,000 520,000 Ilberg uses normal costing and applies overhead on the basis of direct labor cost. (Direct labor cost is equal to total direct labor hours worked multiplied by the wage rate.) For the month of December, direct labor cost was $43,700. Required: 1. Calculate the predetermined overhead rate for the year. Enter the percentage as a whole number. % of direct labor cost 13. MC.04.06 14. MC.04.07 15. MC.04.09 16. MC.04.10 17. MC.04.11 18. MC.04.13 2. Calculate the overhead applied to production in December. 19. MC.04.14 20. BE.04.22A 21. BE.04.23A 22. BE.04.26A.ALGO 23. BE.04.32B 24. EX.04.36 25. EX.04.50.BLANKSHEET Progress: 20/25 items Assignment Score: 70% Check My Work CO Previous Next All work saved. Save and Exit Submit Assignment for Grading