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The following data relates to Lead Company's estimated amounts for next year. Estimated: Department 1 Department 2 Manufacturing overhead costs $1,499,000 $3,401,000 Direct hours 680,000
The following data relates to Lead Company's estimated amounts for next year. |
Estimated: | Department 1 | Department 2 |
Manufacturing overhead costs | $1,499,000 | $3,401,000 |
Direct hours | 680,000 DLH | 900,000 DLH |
Machine hours | 103,000 MH | 35,000 MH |
What is the company's plantwide overhead rate if direct labor hours are the allocation base? (Round to two decimal places) |
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