Compute its overhead cost as a percent of direct materials

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Reference no: EM132967738

A company estimates the following manufacturing costs for the next period: direct labor, $524,000; direct materials, $201,000; and factory overhead, $142,000.

Required:

Problem 1. Compute its predetermined overhead rate as a percent of direct labor.

Problem 2. Compute its overhead cost as a percent of direct materials.

Reference no: EM132967738

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