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What is the manufacturing overhead rate

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Question - A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs of $59,283 and the cost drivers for Product 1 is 384 and 299 for Product 2. The assembling activity pool has estimated costs of $44,326 and the cost drivers for Product 1 is 302 and 158 for Product 2. Direct labor hours for Product 1 is 50,000 and 45,000 for Product 2. What is the manufacturing overhead rate to be used under activity based costing for the assembly pool?

Reference no: EM132902473

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