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Check my work 1 Exercise 2-1 Compute a Predetermined Overhead Rate [LO2-1] 10 Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis
Check my work 1 Exercise 2-1 Compute a Predetermined Overhead Rate [LO2-1] 10 Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 43,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $528,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $738,590 and its actual total direct labor was 43,500 points ok hours. Hint Required: Compute the company's plantwide predetermined overhead rate for the year. (Round your answer to 2 decimal places.) Print References Predetermined overhead per DLH rate
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