Question
The following data relates to Patterson Company's budgeted amounts for next year. Budgeted Data: Department 1 Department 2 Overhead costs $ 69,000 $ 93,000 Direct
The following data relates to Patterson Company's budgeted amounts for next year.
| Budgeted Data: | Department 1 | Department 2 | ||
|---|---|---|---|---|
| Overhead costs | $ 69,000 | $ 93,000 | ||
| Direct labor hours | 191,000 | DLH | 211,000 | DLH |
| Machine hours | 211,000 | MH | 411,000 | MH |
What is the company's plantwide overhead rate if direct labor hours are the allocation base? (Round your answer to two decimal places.)
Multiple Choice
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$2.54 per DLH
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$4.49 per DLH
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$0.40 per DLH
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$0.32 per DLH
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$0.35 per DLH
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College Accounting A Practical Approach Chapters 1-25
Authors: Jeffrey Slater, Mike Deschamps
15th Edition
0137504284, 9780137504282
