Coronado Company estimates that annual manufacturing overhead costs will be $828,000. Estimated annual operating activity bases are direct labor cost $450,000, direct labor hours 45,000, and machine hours 90,000. Compute the predetermined overhead rate for each activity base.

Brief Exercise 15-06 Coronado Company estimates that annual manufacturing overhead costs will be $828,000. Estimated annual operating activity bases are direct labor cost $450,000, direct labor hours 45,000, and machine hours 90,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Overhead rate per direct labor cost 96 Overhead rate per direct labor hours Overhead rate per machine hour $ Click you would like to show Work for this question: Open Show Work Brief Exercise 15-07 During the first quarter, Crane Company incurs the following direct labor costs: January $50,800, February $58,000, and March $65,200. For each month, prepare the entry to assign overhead to production using a predetermined rate of 73% of direct labor cost. (Credit account titles ar Account Titles and Explanation Credit Date Debit