Chapter 8 Question 2

ovens after powder coat paint is applied) tend to vary with the number of units produced. All other overhead categories are considered to be fixed. Required: answers to the nearest cent and use the rounded answers in subsequent requirements. Calculate the fixed overhead rate and the total overhead rate. If required, round your answers to the nearest cent. Fixed overhead rate per direct labor hour Total overhead rate 1 per direct labor hour direct labor hours. Prepare a new overhead budget. If required, round your answers to the nearest cent. Calculate the fixed overhead rate and the total overhead rate. If required, round your answers to the nearest cent. Fixed overhead rate 1 per direct labor hour Total overhead rate 1 per direct labor hour