November 29, 2015

Homework Help: accounting

Posted by sally on Saturday, September 8, 2012 at 7:05pm.

Logan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 38,000 direct labor-hours would be required for the periodís estimated level of production. The company also estimated $567,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $4.00 per direct labor-hour. Loganís actual manufacturing overhead for the year was $788,136 and its actual total direct labor was 38,500 hours.

Compute the companyís predetermined overhead rate for the year. (Round your answer to 2 decimal places.)

Answer this Question

First Name:
School Subject:

Related Questions

More Related Questions