Business, 06.10.2019 05:30 keke6361

Katherine m. company is trying to determine its predetermined overhead rate for the coming year, year 2. the manufacturing overhead budgeted for year 2 is $384,900; actual manufacturing overhead for year 1 was $401,224. the company's controller wants to apply overhead based on direct labor cost, the cfo wants to apply overhead based on machine hours, and the production foreman wants to apply overhead based on direct labor hours. the company's actual direct labor rate per hour for year 1 was $10.56/dlh, budgeted direct labor rate for year 2 is $11/dlh.
if katherine m. applies overhead based on direct labor hours, what is the predetermined overhead rate for year 2 ?

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Katherine m. company is trying to determine its predetermined overhead rate for the coming year, yea...