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TB MC Qu. 4-45 Jackson Inc. listed the following data for ... Jackson Inc. listed the following data for 2019: Budgeted factory overhead $1,272,000 Budgeted
TB MC Qu. 4-45 Jackson Inc. listed the following data for ...
Jackson Inc. listed the following data for 2019:
Budgeted factory overhead | $1,272,000 | ||
Budgeted direct labor hours | 80,000 | ||
Budgeted machine hours | 40,000 | ||
Actual factory overhead | 1,201,400 | ||
Actual direct labor hours | 86,700 | ||
Actual machine hours | 39,800 | ||
Assuming Jackson Inc. applied overhead based on direct labor hours, the firm's predetermined overhead rate for 2019 is (round calculations to 2 significant digits):
Multiple Choice
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$14.09 per direct labor hour.
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$14.32 per direct labor hour.
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$15.12 per direct labor hour.
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$15.90 per direct labor hour.
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$16.29 per direct labor hour.
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