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What the predetermined overhead rate

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Reference no: EM132924928

Question - The following budget data are available for Sharp Company:

Estimated direct labor hours 12,000

Estimated direct labor dollars $90,000

Estimated factory overhead costs $179,000

Actual direct labor hours 11,500

Actual direct labor dollars $92,000

Actual factory overhead costs $180,000

If factory overhead is to be applied based on direct labor dollars, what the predetermined overhead rate?

a) 199%

b) 196%

c) $15.65

d) $14.92

Reference no: EM132924928

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