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Dagger Corporation uses direct labor-hours in Its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $195,200. At the
Dagger Corporation uses direct labor-hours in Its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $195,200. At the end of the year, actual direct labor-hours for the year were 16,500 hours, manufacturing overhead for the year was underapplied by $12,000, and the actual manufacturing overhead was $190,200. The predetermined overhead rate for the year must have been closest to: O $9.93 O s10.80 O $11.74 O $1146
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