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Pharoah Company estimates that annual manufacturing overhead costs will be $720,000. Estimated annual operating activity...

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Accounting

Pharoah Company estimates that annual manufacturing overhead costs will be $720,000. Estimated annual operating activity bases are direct labor cost $450,000, direct labor hours 45,000, and machine hours 90,000.
Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g.10.50% or 10.50.)
Overhead rate per direct labor cost %
Overhead rate per direct labor hour
$
Overhead rate per machine hour
$
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