A manufacturing company applies factory overhead based on direct labor hours. At the beginning of...
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Accounting
A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would be $329,900 and direct labor hours would be 43,500. Actual manufacturing overhead costs incurred were $308,200, and actual direct labor hours were 51,900. What is the predetermined factory overhead rate per direct labor hour?
a. $6.07
b. $11.38
c. $7.58
d. $9.10
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