Question: Annual overhead information is given in Table 3. Overhead is allocated based direct labor hours. Estimated annual direct labor hours are 21,000. Calculate a predetermined

  1. Annual overhead information is given in Table 3. Overhead is allocated based direct labor hours. Estimated annual direct labor hours are 21,000. Calculate a predetermined OH rate (round to two decimal places if needed). Use this rate when you need to apply OH.

Cost description

Amount

Indirect material

$9,060

Indirect labor

60,000

Machine Maintenance

6,200

Electricity

9,800

Depreciation

6,360

Quality testing

7,280

Total

$98,700

Predetermined OH rate:

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