Multiple Choice
Arbor, Inc. had overhead of $310,000 during the year when $260,000 in labor costs were incurred. Estimates at the start of the year for overhead and labor costs were $300,000 for overhead and $250,000 for labor costs. The predetermined overhead rate would be:
A) 101.67%.
B) 104.00%.
C) 120.00%.
D) 83.33%.
Correct Answer:
Verified
Correct Answer:
Verified
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