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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

  • $14.09 per direct labor hour.

  • $14.32 per direct labor hour.

  • $15.12 per direct labor hour.

  • $15.90 per direct labor hour.

  • $16.29 per direct labor hour.

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