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Find what the overhead application rate is

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AMR Corp. currently uses a firm-wide overhead application based on expected direct labor hours. The following information is anticipated at the beginning of the year.

                                              Department A                Department B

Direct materials                    P 25.00/1b.               P 17.00/1b.
Direct labor hours                  10,000                      5,000
Machine hours                        2,000                       10,000
Overhead                            P115, 000                  P85, 000
Labor rate                       P 15.00/hr                   P 12.00/hr

Problem 1. If the firm maintains the current method, the overhead application rate is:

a. P 7.67/hr
b. P11.50/hr
c. P13.33/hr
d. P20.00/hr

Reference no: EM132769986

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