Marquis Company estimates that annual manufacturing overhead costs will be $802,000. Estimated annual operating activity bases...

 

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Marquis Company estimates that annual manufacturing overhead costs will be $802,000. Estimated annual operating activity bases are direct labor cost $401,000, direct labor hours 40,100, and machine hours 80,200. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Overhead rate per direct labor cost Overhead rate per direct labor hour Overhead rate per machine hour LA LA % Marquis Company estimates that annual manufacturing overhead costs will be $802,000. Estimated annual operating activity bases are direct labor cost $401,000, direct labor hours 40,100, and machine hours 80,200. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50% or 10.50.) Overhead rate per direct labor cost Overhead rate per direct labor hour Overhead rate per machine hour LA LA %

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To calculate the predetermined overhead rate for each activity base we divide the estimated annual m... View the full answer