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 $25,750.Additional estimated information is given below. Calculate the predetermined overhead allocation rate.(Round your answer to two decimal places.)
A) 95.23%
B) 52.29%
C) 86.21%
D) 1.49%
Correct Answer:
Verified
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