Question 16 (of 33) 2.00 points MC Qu. 93 Cosi Company uses a job order costing... Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. a cost of $10.00 per hour. What is Cosi Company's overhead application rate? Cosil expects to incur $770,000 of overhead during the next period, and expects to use 47000 labor hours at Cosi expects to incur $770,000 of 6.10%. 61.0%. o 164%. o 1638% o 66% References Multiple Choice MC Qu. 93 Cosi Company uses a job order costing