Information for Nashville Forging is provided below Based on this information, what is Nashvilles manufacturing overhead allocation as a percent of labor (round to the nearest percent) Material $1 25 Direct Labor $3 50 Mfg OH $4 90 Tooling $1 75 Factory Cost $11 40 SGA $2 28 Total Cost $13 68 Profit $1 37 Selling Price $15 05 Group of answer choices 40 150 71 112 140

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Question: Information for Nashville Forging is provided below. Based on this information, what is Nashvilles manufacturing overhead allocation as a percent of labor (round to the

Information for Nashville Forging is provided below. Based on this information, what is Nashvilles manufacturing overhead allocation as a percent of labor (round to the nearest percent)?

Material	$1.25
Direct Labor	$3.50
Mfg OH	$4.90
Tooling	$1.75
Factory Cost	$11.40
SGA	$2.28
Total Cost	$13.68
Profit	$1.37
Selling Price	$15.05

Group of answer choices

40%

150%

71%

112%

140%

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