Question: Question #10 is just there for reference. Im confused on how to do #11. Can someone please explain? Thanks! 10) Mountain Made quilts had a
10) Mountain Made quilts had a predetermined overhead allocation rate of $5.00 per direct labor hour. If 5 direct laborers worked 1 hours each to make a batch of 10 quilts, how much total overhead would be allocated to the batch of quilts? 5 x 1.5 7-5 hrS A) $7.50 B$37.50 C) $30.00 D) $75.00 (-3750/ Assume that the total cost for the batch of 10 quilts made above in #10 was $400. If Mountain Made wants to earn a gross profit of 40% on each quilt, what price should be charged for each quilt? 11) A) $160 B) $16 $56 D)$560
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