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XYZ company uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Dept. X

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XYZ company uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Dept. X and on machine-hours in Dept. Y. At the beginning of the year, the Corporation made the following estimates: Dept. X Dept. Y Direct labor cost OMR 60,000 OMR 40,000 Manufacturing overhead OMR 100,000 OMR 60,000 Direct labor-hours 6,000 15,000 Machine-hours 2,000 9.000 Fin What predetermined overhead rates would be used in Dept. Xand Dept. Y respectively N OUTS 0,0.. Machine-hours 2,000 9,000 What predetermined overhead rates would be used in Dept. Xand Dept. Y, respectively? a. 200% and OMR 4.00 b. 167% and OMR 6.67 C. None of the given answers d. 167% and OMR 4.00 tee 150% and OMR 5.00 estion Which one of the following is not correct regarding the predetermined overhead rate? TOSHIBA

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