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please answer part B. Current Attempt in Progress Frinut Company estimates the following overhead costs for the coming year: Equipment depreciation Equipment maintenance Supervisory salaries

please answer part B. image text in transcribed
Current Attempt in Progress Frinut Company estimates the following overhead costs for the coming year: Equipment depreciation Equipment maintenance Supervisory salaries Factory rent Total $250,000 50,000 20,000 100,000 $420,000 Frinut budgeted $600,000 in direct labor costs and 14,000 machine hours for the coming year. (a) Your answer has been saved. See score details after the due date. Calculate the predetermined overhead rate using direct labor costs as the allocation base. (Round answer to 2 decimal places, es. 15.25.) Predetermined overhead rate $ 0.70 per direct labor Attempts: 1 of 1 used (b) Calculate the predetermined overhead rate using machine hours as the allocation base. (Round answer to 2 decimal places, c.g. 15.25.) $ Predetermined overhead rate per machine hour Save for Later Attempts: 0 of 1 used Submit

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