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Home Q & A Board Other Fields Homework Help Business Accounting
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sanimkyei sanimkyei
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1 months ago
ABC Corporation allocates overhead based on direct labor cost. Assume ABC expects to incur a total of $1,025,000 in overhead costs and $820,000 in direct labor costs. Actual overhead costs incurred totaled $1,050,000 and actual direct labor costs totaled $800,100. ABC's predetermined overhead rate is closest to

▸ 125% of direct labor cost.

▸ 100% of direct labor costs.

▸ 98% of direct labor costs.

▸ 128% of direct labor cost.
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Managerial Accounting

Managerial Accounting


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elacevedoelacevedo
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125% of direct labor cost.

$1,025,000 ÷ $820,000 = 125% of direct labor cost
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Thank you, thank you, thank you!
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