Question: I am looking for help with this general accounting question using proper accounting standards. In April 2022, Meadow Valley Industries estimated total factory overhead costs

I am looking for help with this general accounting question using proper accounting standards.

I am looking for help with this general
In April 2022, Meadow Valley Industries estimated total factory overhead costs of $312,000 and projected 6,000 direct labor hours for the period. The company uses direct labor hours as the base for applying overhead. During the month, actual overhead incurred was $298,000, and 10,500 direct labor hours were worked. Management wants to determine the standard overhead rate per labor hour that should be used to apply overhead to production based on the original estimate. What is the standard overhead rate per direct labor hour

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