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Find what will overhead rate per hour for simplex company

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Reference no: EM132829989

Simplex Company has the following estimated costs for next year:

Direct materials $15,000

Direct labour 55,000

Sales commissions 75,000

Salary of production supervisor 65,000

Indirect materials 41,080

Advertising expenses 11,000

Rent on factory equipment 16,000

Problem 1: Simplex estimates that 10,000 direct labour and 16,000 machine hours will be worked during the year. If overhead is applied on the basis of machine hours, what will be the overhead rate per hour?

a. $6.94.

b. $8.56.

c. $3.50.

d. $7.63.

Reference no: EM132829989

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