Question: Compute the fixed overhead rate which is based on direct labor hours. Total budgeted fixed OH is $125,000, actual fixed overhead is $120,000, estimated direct

Compute the fixed overhead rate which is based on direct labor

Compute the fixed overhead rate which is based on direct labor hours. Total budgeted fixed OH is $125,000, actual fixed overhead is $120,000, estimated direct labor hours are 50,000 and actual direct labor hours are 40,000. A. $3.00 B. $2.50 C. $2.40 D. $2.60

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