The predetermined overhead rate for manufacturing overhead for 2016 is $3.00 per direct labor hour....
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Accounting
The predetermined overhead rate for manufacturing overhead for 2016 is $3.00 per direct labor hour. Employees are expected to earn $5.00 per hour and the company is planning on paying its employees $150,000 during the year. However, only 75% of the employees are classified as "direct labor." What was the estimated manufacturing overhead for 2016?
A. 97,500
B. 67,500
C. 150,000
D. 112,500
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