TB Problem Qu. 3-248 (Algo) Henkes Corporation bases... Henkes Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of the most recently completed ear, the company estimated the labor-hours for the upcoming year at 75,000 labor-hours. The estimated variable manufacturing overhead was $7.10 per labor-hour and the estimated total fixed manufacturing overhead was $1,372,500. The actual labor-hours for the yet turned out to be 77,000 labor-hours. 2, and 3 i Required: Compute the company's predetermined overhead rate for the recently completed year. Note: Round your answer to 2 decimal places. Predetermined overhead rate $ 32.02 per labor-hour?

Igo) Henkes Corporation boses... the most recently comple variable manufacturing of actual labor-hours for the Required: Compute the company's Note: Round your answe. Prodotermbed over irmined overthead rate for the recently completed year