Question: Plenty Bros. is using direct labor hours for computing their predetermined. overhead rate. Plenty estimated total fixed manufacturing overhead of $146,000 and 10,000 direct

Plenty Bros. is using direct labor hours for computing their predetermined. overhead rate. Plenty estimated

Plenty Bros. is using direct labor hours for computing their predetermined. overhead rate. Plenty estimated total fixed manufacturing overhead of $146,000 and 10,000 direct labor-hours for the period. Plenty incurred actual total fixed manufacturing overhead of $113,000 and 10,218 total direct labor-hours during the period. They incurred 13,000 direct labor hours completing 130 jobs during the period. What is the predetermined overhead rate, rounded to two decimal places?

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