A company incurred the following manufacturing costs this period: direct labor, $468,000; direct materials, $390,000; and factory

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A company incurred the following manufacturing costs this period: direct labor, $468,000; direct materials, $390,000; and factory overhead, $117,000. Compute its overhead cost as a percent of
(1) Direct labor and
(2) Direct materials. Express your answers as percents, rounded to the nearest whole number.
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Related Book For  answer-question

Managerial Accounting

ISBN: 978-0078025600

5th edition

Authors: John Wild, Ken Shaw

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