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MilestoneMilestone Company estimates the company will incur $ 96 comma 900$96,900 in overhead costs and 5 comma 1005,100 direct labor hours during the year. Actual

MilestoneMilestone

Company estimates the company will incur $ 96 comma 900$96,900

in overhead costs and 5 comma 1005,100

direct labor hours during the year. Actual direct labor hours were 4 comma 4004,400.

Calculate the predetermined overhead allocation rate, and prepare the journal entry for the allocation of overhead.

Calculate the predetermined overhead allocation rate.

______/_______=predetermined overhead allocation rate.

______/_______=Per direct labor hour

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