harris fabrics computes its plantwide predetermined overhead eate annually on the basis of direct labor hours. at the beginning kf the year, it estimated that 44,000 direct labor hrs would be required for the periods estimated level of production. the company also estimated 512,000 of fixed manufacturing costs for the upcoming period and variable manufacturing overhead of 3.00 per direct labor hr. harriss actual OH for the year was 720,293 and its actual total direct labor was 44,500 hrs. compute the companys plantwide predetermined rate

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 44,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $512,000 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 $720.293 and its actual total direct labor was 44,500 hours Required