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What is the predetermined overhead rate per direct labor hour to be used to apply total overhead to the individual jobs next year? I need

What is the predetermined overhead rate per direct labor hour to be used to apply total overhead to the individual jobs next year?

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core: 3. N Company manufactures plastic products for the home and restaurant market. The company also does contract work for other customers and utilizes a job order costing system. The flexible budget covering next year's er-applied expected range of activity is Direct labor hours 50,000 80,000 110,000 Machine hours 40,000 64,000 88,000 Variable overhead costs P100,000 P160,000 P220,000 ventory. Fixed overhead costs 150,000 150,000 150,000 Total overhead costs P250,000 P310,000 P370,000 (CMA) A predetermined overhead rate based on direct labor hours is used to apply total overhead. Management has estimated that 100,000 direct labor hours tivities in will be used next year. The predetermined overhead rate per direct labor hour to be used to apply total overhead to the individual jobs next year is a. P3.36 . P3,50 C. P3.70 d. P3.88 (adapted)

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