Question: Hello I need help with a few questions in managerial accounting. Wolf Co. estimates that its employees will work 400,000 direct labor hours during the

Hello I need help with a few questions in managerial accounting.

Wolf Co. estimates that its employees will work 400,000 direct labor hours during the coming year. Total overhead costs are estimated to be $9,600,000 and direct labor costs are estimated to be $12,500,000. Direct Labor hours are actually 450,000.

IfWolf Co. allocates overhead based on direct labor HOURS, what is the predetermined overhead rate?

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