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Marquis Company estimates that annual manufacturing overhead costs will be $869,440. Estimated annual operating activity bases are direct labor cost $494,000, direct labor hours 49,400,

Marquis Company estimates that annual manufacturing overhead costs will be $869,440. Estimated annual operating activity bases are direct labor cost $494,000, direct labor hours 49,400, and machine hours 98,800. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.)

Overhead rate per direct labor cost

enter percentages rounded to 2 decimal places

%
Overhead rate per direct labor hour

$enter a dollar amount rounded to 2 decimal places

Overhead rate per machine hour

$enter a dollar amount rounded to 2 decimal places

image text in transcribed

Marquis Company estimates that annual manufacturing overhead costs will be $869,440. Estimated annual operating activity bases are direct labor cost $494,000, direct labor hours 49,400, and machine hours 98,800. Compute the predetermined overhead rate for each activity base (Round answers to 2 decimalplaces, eg, 10.50% or 1D5a Overhead rate per direct labor cost Overhead rate per direct labor hour $ Overhead rate per machine hour

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