Question: Cullumber Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year follows: Actual manufacturing overhead $67,200 Estimated

Cullumber Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year follows: Actual manufacturing overhead $67,200 Estimated manufacturing overhead $63,000 Direct labor hours incurred 4,800 Direct labor hours estimated 5,000 Compute the predetermined overhead rate. (Round answer to 2 decimal places, eg. 15.25) Predetermined overhead rate per direct labor hour Calculate the amount of applied manufacturing overhead. Applied manufacturing overhead $

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