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What will the overhead rate be

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Reference no: EM132461522

X Company has the following estimated costs for 2020:

Direct materials                 $65,900

Direct labor                       16,500

Factory supplies                 19,800

Factory supervision             29,700

Marketing research             43,400

Factory rent                     41,600

Sales salaries                   48,000

Factory insurance              60,100

Question 1: X Company estimates that direct labor hours for the year will be 1,100, and machines will be operated for 60,000 hours. If overhead is allocated on the basis of machine hours, what will the 2020 overhead rate be?

Reference no: EM132461522

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