Question: Compute the fixed overhead rate which is based on direct labor hours. Total budgeted fixed OH is $200,000, actual fixed overhead is $185,000, estimated direct

Compute the fixed overhead rate which is based on direct labor hours. Total budgeted fixed OH is $200,000, actual fixed overhead is $185,000, estimated direct labor hours are 40,000 and actual direct labor hours are 36,000. A. $4.20 B. $4.62 C. $5.55 D. $5.00
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