Question: https://media. Question Content Area Aspen Technologies has the following budget data: Estimated direct labor hours 10,300 Estimated direct labor dollars $52,400 Estimated factory overhead costs

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  1. Question Content Area

    Aspen Technologies has the following budget data:

    Estimated direct labor hours 10,300
    Estimated direct labor dollars $52,400
    Estimated factory overhead costs $165,500

    If factory overhead is to be applied based on direct labor hours, the predetermined overhead rate is

    a.$16.07

    b.$12.85

    c.$19.28

    d.$24.10

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