Bella,IncManufactures Two Kinds of Bags-Totes and Satchels Calculate the Predetermined Overhead Allocation Rate
Bella,Inc.manufactures two kinds of bags-totes 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 $25,250.Additional estimated information is given below. Calculate the predetermined overhead allocation rate.(Round your answer to two decimal places.)
A) 101.00%
B) 50.15%
C) 100.40%
D) 1.51%
Correct Answer:
Verified
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