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Demonstrate the company predetermined overhead rate

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Reference no: EM132533901

Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools:

Activity Cost Pool Estimated

Overhead Cost Expected

ActivityLabor-related                        $23,200 8,000

direct labor-hoursMachine-related         $5,000 10,000

machine-hoursMachine setups              $36,000 1,200setups

Production orders                               $27,000 600orders

Product testing                                    $23,400 900tests

Packaging                                             $37,000 3,700packages

General factory                                       $54,800 8,000 direct labor-hours

Question 1: Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.)

Reference no: EM132533901

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