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Marquis Company estimates that annual manufacturing overhead costs will be $812,000. Estimated annual operating activity bases are direct labor cost $406,000, direct labor hours 40,600,
Marquis Company estimates that annual manufacturing overhead costs will be $812,000. Estimated annual operating activity bases are direct labor cost $406,000, direct labor hours 40,600, and machine hours 81,200. 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 |
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