Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and digital camcorders. Model High F Great P Annual Sales in Units 10,800 16,800 Techno uses a volume-based costing system to apply factory overhead based on direct labor dollars. The unit prime costs of each product were as follows: High F $38.80 $18.40 Direct materials Direct labor Budget factory overhead: Engineering and Design Quality Control Machinery Miscellaneous Overhead Total Great P $26.20 $14.00 Engineering and design hours Quality control inspection hours Machine hours Labor hours 2,560 12,990 33,870 26,550 engineering hours inspection hours machine hours direct labor hours Techno's controller had been researching activity-based costing and decided to switch to budgeted activities: High F 1,040 5,720 20,360 12,080 Great P 1,520 7,270 13,510 14,470 $ 409,600 271,320 540,800 132,400 $ 1,354,120 A special study determined Techno's two products have the following What is the overhead application rate using the firm's volume-based costing system? (Rounded to the nearest percent or cents.)

Techno Incorporated manufactures two models of cameras that can be used as cell phones, MPX, and dightal camcorders Techno uses a volume based costing system to apply factory overhead based on direct labor dollars. The unit prime costs of each product were as follows: Techno's controller had been researching activity based costing and decided to switch to it. A special study determined Techno's two products have the following budgeted activities: What is the overhead application rate using the firm's volume-based costing system? (Rounded to the neorest percent or cents.) 312 percent of direct labor cost. $51.79 per direct labor-hour. 70.5 percent of direct labor cost 5,179 percent of direct labor cost 5,100 percent of direct labor cost