Reference no: EM132850438
Question - The following information has been gathered for Foxmoor Industries for its fiscal year ending December 31:
Estimated factory overhead costs $1,500,000
Actual factory overhead costs $1,776,400
Estimated labor hours $48,000
Actual labor hours $51,700
Estimated labor costs $756,000
Actual labor costs $840,125
Estimated machine hours $96,000
Actual machine hours $102,600
Required - What is the predetermined factory overhead rate per labor dollar?
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