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Fortify, Inc. uses a predetermined manufacturing overhead rate based on direct labor hours to apply its indirect product costs to jobs. The following information has
Fortify, Inc. uses a predetermined manufacturing overhead rate based on direct labor hours to apply its indirect product costs to jobs. The following information has been collected for the previous year Direct materials Direct labor Sales commissions Indirect labor Rent on office equlpment Depreciation factory building Utilities-factory $163,000 213,000 113,000 63.000 38,000 88,000 191,000 Fortify used 38,000 direct labor hours and 63,000 machine hours during the previous year. What is the predetermined overhead rate per direct labor hour? $9.00 O $10.89. O $9.89 O $18.89
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