Question: Predetermined Factory Overhead Rate Spring Street Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs
Predetermined Factory Overhead Rate Spring Street Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as ollows Engine parts Shop direct labor Shop and repair equipment depreciation Shop supervisor salaries Shop property tax Shop supplies Advertising expense $613,800 448,000 49,700 138,300 25,100 19,300 12,300 2,800 6,800 1,366,100 Administrative office salaries Administrative office depreciation expense otal costs and expenses The average shop direct labor rate is $16 per hour Determine the predetermined shop overhead rate per direct labor hour. Round the answer to nearest whole cent. per direct labor hour Previous Nxt Submit Test for Grading
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