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Calculate the predetermined overhead allocation rate

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Question - Modiste, Inc. manufactures two kinds of bags-totes and satchels. The company allocates manufacturing overhead using a single plant-wide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $26,000. Additional estimated information is given below.

 

Totes

Satchels

Direct materials cost per unit

$32

$45

Direct labor cost per unit

$55

$63

Number of units

510

390

Required - Calculate the predetermined overhead allocation rate.

Reference no: EM133089177

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