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TB MC Qu.3-153(Static) Baka Corporation applies manufacturing overhead... Baka Corporation applies manufacturing overhead...

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Accounting

TB MC Qu.3-153(Static) Baka Corporation applies manufacturing overhead...
Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $239,700 and 4,700 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $242,000 and actual direct labor-hours were 4,600.
The predetermined overhead rate for the year was closest to:
Multiple Choice
$52.61
$49.91
$51.00
$51.49
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