Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor...
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Accounting
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year, it estimated that 39,000 direct lobor-hours would be required for the period's estimated level of production. The company also estimated $536,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct laborhout, Harris's actual manufacturing overhead cost for the year was $724,572 and its actual total direct labor was 39,500 hours Required: Compute the company's plantwide predetermined overhead rate for the year (Round your answer to 2 decimal places.) Prodelni vend por DLH

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