Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor hours. at the beginning of the year it estimated that its total manufacturing overhead would be $134,000 and the total direct labor would be 20,000 hours. its actual total manufacturing overhead for the year was $ 123,900 and its actual total direct labor was 21,000 hours.
compute the company's predetermined over rate for the year?

$6.70 per direct labor hour

Explanation:

Given that,

Estimated total manufacturing overhead = $134,000

Estimated total direct labor = 20,000 hours

Actual total manufacturing overhead for the year = $ 123,900

Actual total direct labor = 21,000 hours

Predetermined over rate for the year =

                                                              =

                                                              = $6.70 per direct labor hour

you have to put the parentheses like this:

in fact, you have to perform the operation inside parentheses first, and then proceed in order:

answer; institution based;