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Marquis Company estimates that annual manufacturing overhead costs will be $841,000. Estimated annual operating activity bases are direct labor cost $486,000, direct labor hours49,000, and
Marquis Company estimates that annual manufacturing overhead costs will be $841,000. Estimated annual operating activity bases are direct labor cost $486,000, direct labor hours49,000, and machine hours106,000.
Compute the predetermined overhead rate for each activity base.(Round answers to 2 decimal places, e.g. 10.50.)
Overhead rate per direct labor cost
%Overhead rate per direct labor hour$
Overhead rate per machine hour$
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