Multiple Choice
Krier Corporation uses a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $738,000 and 30,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $792,000 and 31,500 total direct labor-hours during the period.The predetermined overhead rate is closest to:
A) $26.40
B) $25.14
C) $23.43
D) $24.60
Correct Answer:
Verified
Correct Answer:
Verified
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