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Novus Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming
Novus Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows:
Engine parts | $1,117,900 | |
Shop direct labor | 816,000 | |
Shop and repair equipment depreciation | 70,900 | |
Shop supervisor salaries | 197,100 | |
Shop property taxs | 35,800 | |
Shop supplies | 27,400 | |
Advertising expense | 22,400 | |
Administrative office salaries | 96,100 | |
Administrative office depreciation expense | 12,300 | |
Total costs and expenses | $2,395,900 |
The average shop direct labor rate is $17 per hour.
Determine the predetermined shop overhead rate per direct labor hour. Round your answer to the nearest cent. $fill in the blank 1 per direct labor hour
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