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Pharoah Sports has determined the following unit costs for each of its products: On May 31, Pharoah Sports' Work in Process Inventory consisted of the
Pharoah Sports has determined the following unit costs for each of its products: On May 31, Pharoah Sports' Work in Process Inventory consisted of the following items: During June, a total of $245,900 in direct materials and $128,380 in direct labor costs were incurred. Units finished and sold during June were as follows: (a) Given that Pharoah Sports uses direct labor dollars as its application base, what is the company's predetermined overhead rate? (Round answer to 0 decimal places, e.g. 15\%.) Predetermined overhead rate %
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