A company estimated 80,000 direct labor hours and $640,000 in overhead. The actual overhead was $645,100, and there were 79,800 direct labor hours. What is the predetermined overhead rate, and how much was applied during the year? Predetermined overhead rate $fill in the blank 1   Overhead applied per direct labor hour

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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A company estimated 80,000 direct labor hours and $640,000 in overhead. The actual overhead was $645,100, and there were 79,800 direct labor hours. What is the predetermined overhead rate, and how much was applied during the year?

Predetermined overhead rate $fill in the blank 1  
Overhead applied per direct labor hour  
     
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