Austin company uses a job order cost accounting system the

Reference no: EM13599320

Austin Company uses a job order cost accounting system. The company's executives estimated that direct labor would be $4,930,000 (170,000 hours at $29/hour) and that factory overhead would be $1,410,000 for the current period. At the end of the period, the records show that there had been 180,000 hours of direct labor and $1,110,000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead allocation rate?

Reference no: EM13599320

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