Multiple Choice
Dagnon Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $299,130. At the end of the year, actual direct labor-hours for the year were 17,400 hours, manufacturing overhead for the year was overapplied by $13,850, and the actual manufacturing overhead was $294,130. The predetermined overhead rate for the year must have been closest to:
A) $17.70
B) $17.19
C) $18.22
D) $16.90
Correct Answer:
Verified
Correct Answer:
Verified
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