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Consider a single job at Company B: Direct Materials costs were : 7,096 Direct labor was 70 hours at a rate of $16/HR MOH is

Consider a single job at Company B:

Direct Materials costs were : 7,096

Direct labor was 70 hours at a rate of $16/HR

MOH is allocated to jobs based on labor hoursfor the year

Budgeted MOH cost is 27,724

Budgeted dl labor hours is 4,662

actual MOH was 31,687

actual direct labor hours was 5,707

If normal costing is used, what is the predeterminedoverhead rate?

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