Chapter 8, Problem 64P

Accounting question

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Accounting question

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Crich Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor hours were 33,280 hours and the total estimated manufacturing overhead was $634,368. At the end of the year, actual direct labor hours for the year were 31,500 hours and the actual manufacturing overhead for the year was $634,368. Overhead at the end of the year was _. General Accounting 5.8

Quick answer of this general accounting questions

What would the company's predetermined overhead rate is?

True answer? General Accounting