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What is the predetermined overhead rate

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Reference no: EM132950436

At the beginning of the year, Kyla Inc estimated that overhead would be $880,000 and direct labor hours would be 220,000. At the end of the year, actual overhead was $920,600 and there were actually 230,000 direct labor hours.

Problem 1: What is the predetermined overhead rate?

Option 1: $880,000
Option 2: $4 per direct labor hour
Option 3: $2.63 per direct labor hour
Option 4: $4.18 per direct labor hour

Reference no: EM132950436

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