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Simplex Company has the following estimated costs for next year: Direct materials...

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Accounting

Simplex Company has the following estimated costs for next year:

Direct materials $15,000
Direct labor $55,000
Sales commissions $75,000
Salary of production supervisor $35,000
Indirect materials $5,000
Advertising expense $11,000
Rent of factory equipment $16,000

Simplex estimates that 10,000 direct labor and 16,000 machine-hours will be worked during the year. If overhead in applied on the basis of machine hours, the overhead rate per hour will be:

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