Multiple Choice
Nemes Incorporated makes a single product-a cooling coil used in commercial refrigerators. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: 
The fixed component of the predetermined overhead rate is closest to:
A) $9.10 per labor-hour
B) $5.35 per labor-hour
C) $6.36 per labor-hour
D) $10.81 per labor-hour
Correct Answer:
Verified
Correct Answer:
Verified
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