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Marquis Company estimates that annual manufacturing overhead costs will be $810,900. Estimated annual operating activity bases are direct labor cost $477,000, direct labor hours 47,700,
Marquis Company estimates that annual manufacturing overhead costs will be $810,900. Estimated annual operating activity bases are direct labor cost $477,000, direct labor hours 47,700, and machine hours 95,400. 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 % Overhead rate per direct labor hour $ Overhead rate per machine hour $ 1
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