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The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31: Actual manufacturing overhead costs $ 217,500 Actual
The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31:
| Actual manufacturing overhead costs | $ | 217,500 | |
| Actual direct labor hours | 55,400 | ||
| Actual direct labor costs | $ | 450,000 | |
| Estimated manufacturing overhead costs | $ | 214,700 | |
| Estimated direct labor | $ | 439,000 | |
| Estimated direct labor hours | 56,500 | ||
What is the predetermined manufacturing overhead rate per direct labor hour?
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