The Forbes Corporation Uses a Standard Cost System in Which

Multiple Choice

The Forbes Corporation uses a standard cost system in which overhead costs are applied to products on the basis of standard direct labor-hours (DLHs) . The following data applied to the company's activities for June: The fixed component of the predetermined overhead rate for June is:

A) $3.00 per DLH
B) $3.23 per DLH
C) $3.78 per DLH
D) $3.46 per DLH