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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
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 38,000 direct labor hours would be required for the period's estimated level of production. The company also estimated $522.000 of foed manufacturing overhead cost for the coming period and variable manufacturing overhead of $200 per direct labor-hour Hartis's actual manufacturing overhead cost for the year was $671318 and its actual total direct labor was 38,500 hours : Compute the company's plantwide predetermined overtical rate for the year. (Round your answer to 2 decimal places.) Predatormined berhent per DLH
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