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Quick Step Company is debating the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The
Quick Step Company is debating the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The following information is available for the most recent year: $500,100 $466,000 $425,500 $351,000 254,400 241,600 If Quick Step Company uses direct labor hours as the allocation base, what would the predetermined manufacturing overhead rate be? (Round your answer to the nearest cent.) Estimated direct labor cost Actual direct labor cost Estimated manufacturing overhead costs Actual manufacturing overhead costs Estimated direct labor hours Actual direct labor hours A. $1.45 per direct labor hour B. $1.76 per direct labor hour OC. $1.38 per direct labor hour O D. $1.67 per direct labor hour
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