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Question - The following information has been given for your consideration
a. Estimated Factory Overhead for the next period P 500,000
b. Estimated UNITS to be produced u 10,000
c. Materials cost for the units to be produced P 400,000
d. Direct labor hours required to produce the units hrs 25,000
e. Direct labor COST required to produce the units P 250,000
f. Machine hours to be used hrs 80,000
Required - Compute the pre-determined factory overhead rate based on
1. Material cost
2. Units of production
3. Machine hours
4. Direct Labor hours
5. Direct Labor cost
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