Answer the Following Questions Using the Information Below

Multiple Choice

Answer the following questions using the information below:
Gregory Enterprises has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:
The accounting records show the Mossman Job consumed the following resources:

-If direct labor-hours are considered the only overhead cost driver, what is the single cost driver rate for Gregory Enterprises?

A) $0.50 per direct labor-hour
B) $0.80 per direct labor-hour
C) $0.40 per direct labor-hour
D) $1.20 per direct labor-hour