Question $1$

The rate established prior to the beginning of a period that uses estimated overh

direct labor, and that is used to assign overhead cost to jobs, is the:

Estimated labor cost rate.

Overhead variance rate.

Chargeable overhead rate.

Miscellaneous overhead rate.

redetermined overhead rate.

lestion $2$

mpany has an overhead application rate of $125\%$ of direct lat lation

red total labor costing $$20,000?$