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Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor-hours at $15 per hour. Estimated total overhead for the year
Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor-hours at $15 per hour. Estimated total overhead for the year was $600,000 and estimated direct labor-hours were 25,000. Calculate the predetermined overhead rate.
A. $25 per hours
B. $40 per hours
C. $24 per hours
D. $5,333.333 per hours
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