Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $6,000,000 (300,000 hours at $20/hour) and that factory overhead would be $1,600,000 for the current period. At the end of the period, the records show that there had been 280,000 hours of direct labor and $1,300,000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead rate

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of