Question
The following information pertains to Whitestone Industries for 2018: Estimated total overhead costs for 2018 $37,500 Estimated direct labor costs for 2018 25,000 Actual direct
The following information pertains to Whitestone Industries for 2018:
| Estimated total overhead costs for 2018 | $37,500 |
| Estimated direct labor costs for 2018 | 25,000 |
| Actual direct labor costs | 22,500 |
| Actual overhead costs | 36,000 |
| Activity base | Direct labor costs |
What is the predetermined overhead rate for Whitestone Industries for 2018?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
IFRS edition volume 2
978-0470613474, 470613475, 978-0470616314
