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Various predetermined factory overhead rates. Colossal Corporation estimates factory overhead of $207,000 for the next fiscal year. It is estimated that 52,100 units will be

Various predetermined factory overhead rates. Colossal Corporation estimates factory overhead of $207,000 for the next fiscal year. It is estimated that 52,100 units will be produced at a materials cost of $500,000. Conversion will require an estimated 85,000 labor hours at a cost of $9 per hour, with 69,000 machine hours.

Required: Calculate the predetermined factory overhead rate based on:

(1) Materials cost.

(2) Units of production.

(3) Machine hours.

(4) Direct labor cost.

(5) Direct labor hours.

Compute percentages to the nearest percent and dollar amounts to the nearest cent.

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