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QUESTION 5 Journey Corporation's manufacturing overhead includes $5.70 per machine-hour for supplies; $4.80 per machine-hour for indirect labor; $59,800 per period for salaries; and $53,040
QUESTION 5 Journey Corporation's manufacturing overhead includes $5.70 per machine-hour for supplies; $4.80 per machine-hour for indirect labor; $59,800 per period for salaries; and $53,040 per period for depreciation. Required: show your work 10 points Determine the predetermined overhead rate if the denominator level of activity is 3,400 machine-hours. (Round your answer to 2 decimal places.)
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