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Company uses predetermined overhead (OH) rate in applying OH to production orders. Dept A on labor cost basis and Dept B on machine hrs basis. Beg of yr: Dept A direct labor cost $63500; Dept B $32000, Dept A Mfg OH $69850; Dept B $70000, Dept A Direct labor hours 8000; Dept B 7000, Dept A machine hours 5000, Dept B 14000. Predetermined OH rate should be? (% of direct labor cost and $ per machine hr)

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9980221

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