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The GA-46530 company uses direct labor cost as its allocation base for its predetermined overhead rate. The company reports $ 3.100 for the ending
The GA-46530 company uses direct labor cost as its allocation base for its predetermined overhead rate. The company reports $ 3.100 for the ending balance of its work in process Inventory. The company has two incomplete products that respectively used $ 300 and $ 200 of direct materials, and $ 600 and $ 400 of direct labor. Using these facts, what is the GA-46530 company's predetermined overhead rate as a percentage of direct labor cost?
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