10.

13.

Selected current information for Bison Co. is presented in the table below. Beginning raw materials inventory Raw material purchases Ending raw materials inventory Beginning work in process inventory Inding work in process inventory Direct labor Total factory overhead $16,400 61,200 17,800 23, 600 29,200 44,000 31,200 All raw materials used were traceable to specific units of product. Bison Co's direct materials used for the year is: Bison Co. estimates that overhead costs for the next year will be $8.340,000 for indirect labor and $156,500 for factory utilities, Bison Couses machine hours as its overhead allocation base. 410,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.) Multiple Choice