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X company estimates that 1100 direct labor hours will be

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  • Direct materials $64,900
  • Direct labor 17,600
  • Factory supplies 20,000
  • Factory supervision 31,400
  • Research and development 44,500
  • Factory rent 43,600
  • Sales salaries 45,000
  • Factory insurance 61,700

X Company estimates that 1,100 direct labor hours will be worked during the year, and machines will be operated for 62,000 hours during the year. If overhead is allocated on the basis of machine hours, what will the overhead rate be?

Reference no: EM13600084

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