Answer the following questions using the information below:
Gregory Enterprises has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:
The accounting records show the Mossman Job consumed the following resources:

-If direct labor-hours are considered the only overhead cost driver, what is the single cost driver rate for Gregory Enterprises?
A)$0.50 per direct labor-hour
B)$0.80 per direct labor-hour
C)$0.40 per direct labor-hour
D)$1.20 per direct labor-hour

Question

Answer the following questions using the information below:
Gregory Enterprises has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:
  The accounting records show the Mossman Job consumed the following resources:
 
-If direct labor-hours are considered the only overhead cost driver, what is the single cost driver rate for Gregory Enterprises?
A)$0.50 per direct labor-hour 
B)$0.80 per direct labor-hour 
C)$0.40 per direct labor-hour 
D)$1.20 per direct labor-hour

Quizplus · Accepted Answer

The Answer of Answer the following questions using the information below:
Gregory Enterprises has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:
  The accounting records show the Mossman Job consumed the following resources:
 
-If direct labor-hours are considered the only overhead cost driver, what is the single cost driver rate for Gregory Enterprises?
A)$0.50 per direct labor-hour 
B)$0.80 per direct labor-hour 
C)$0.40 per direct labor-hour 
D)$1.20 per direct labor-hour

Answer the Following Questions Using the Information Below