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Kay Company budgets overhead cost of $4,420,000 for the next year. The company uses direct labor hours at its overhead location 130.000 direct labor hours

Kay Company budgets overhead cost of $4,420,000 for the next year. The company uses direct labor hours at its overhead location 130.000 direct labor hours are planned for the next year, what is the company's plantwide overhead rate Multiple Choice $27.69 per direct labor hour. $34.00 per direct labor hour. $6.31 per direct labor hour. $0.16 per direct labor hour. $0.32 per direct labor hour

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