The Roget Factory has determined that its budgeted factory overhead budget for the year is $3,198,000. They plan to produce 1,000,000 units. Budgeted direct labor hours are 260,000 and budgeted machine hours are 375,000. Using the single plantwide factory overhead rate based on direct labor hours, calculate the factory overhead rate for the year.

Answer rating: 100% (QA)

A Estimated overhead 4642000 B Estimated tota... View the full answer