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Compute the predetermined overhead rate for august

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Question - The manufacturing overhead budget at Pendley Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 6,450 direct labor-hours will be required in August. The variable overhead rate is $3.30 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $101,910 per month, which includes depreciation of $14,835. All other fixed manufacturing overhead costs represent current cash flows. The company re-computes its predetermined overhead rate every month. Compute the predetermined overhead rate for August?

a. $3.30

b. $16.80

c. $19.10

d. $15.80

Reference no: EM132530359

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