contestada

Acme, Inc. had overhead of $310,000 during the year when $260,000 in labor costs were incurred. Estimates at the start of the year for overhead and labor costs were $300,000 for overhead and $250,000 for labor costs. The predetermined overhead rate would be____________.A. 101.67%B. 104.00%C. 120.00%D. 83.33%

Respuesta :

Answer:

Explanation:

The predetermined overhead rate = overhead cost / labour cost

= $300000/$250000

=1.2

=120% expressed as percentage