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The following budget data are available for Sharp Company: Estimated direct labor hours 12,000 Estimated direct labor dollars $90,000 Estimated factory overhead costs $179,000 Actual
The following budget data are available for Sharp Company:
Estimated direct labor hours | 12,000 |
Estimated direct labor dollars | $90,000 |
Estimated factory overhead costs | $179,000 |
Actual direct labor hours | 11,500 |
Actual direct labor dollars | $92,000 |
Actual factory overhead costs | $180,000 |
If factory overhead is to be applied based on direct labor dollars, the predetermined overhead rate is
a.199%
b.$15.65
c.$14.92
d.196%
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