Aspen Technologies has the following budget data: Estimated direct labor hours 11,100 ...

80.2K

Verified Solution

Question

Accounting

Aspen Technologies has the following budget data:

Estimated direct labor hours 11,100
Estimated direct labor dollars $63,800
Estimated factory overhead costs $166,200

If factory overhead is to be applied based on direct labor hours, the predetermined overhead rate is

a. $22.46

b. $14.97

c. $11.98

d. $17.97

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students