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kourtni kourtni
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5 years ago
Modiste, Inc. manufactures two kinds of bagstotes 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.

TotesSatchels
Direct materials cost per unit$32$45
Direct labor cost per unit$55$63
Number of units510390

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%
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
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CdfieldsCdfields
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5 years ago
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kourtni Author
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5 years ago
Thanks for your help!
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