Multiple Choice
Modiste,Inc.manufactures two kinds of bags-totes and satchels.The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base.Estimated overhead costs for the year are $26,000.Additional estimated information is given below.
Calculate the predetermined overhead allocation rate.(Round your answer to two decimal places. )
A) 92.69%
B) 49.41%
C) 94.50%
D) 1.58%
Correct Answer:

Verified
Correct Answer:
Verified
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