Marquis Company estimates that annual manufacturing overhead costs will be $900,000. Estimated annual operating activity bases are direct labor cost $500,000, direct labor hours 50,000, and machine hours 100,000.
Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e. g. 10.50% or 10.50.)
Overhead rate per direct labor cost %
Overhead rate per direct labor hour $
Overhead rate per machine hours $
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Marquis Company estimates that annual manufacturing overhead costs will be $900,000. Estimated annua...
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