(Answered) Question calculating the predetermined overhead rate

Accounting

Question: Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Kester Company estimated the following:

Overhead $621,600

Direct labor hours 84,000

Kester uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 7,400.

Required: 1. Calculate the predetermined overhead rate for Kester.

2. Calculate the overhead applied to production in March.

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