CR Corporation has the following estimated costs for the next year: CR Corporation estimates that 20,000 labor-hours will be worked during the year.If overhead is applied on the basis of direct labor-hours,the overhead rate per hour will be:
A)$2.25
B)$3.25
C)$3.45
D)$4.70

Question

CR Corporation has the following estimated costs for the next year:  CR Corporation estimates that 20,000 labor-hours will be worked during the year.If overhead is applied on the basis of direct labor-hours,the overhead rate per hour will be:
A)$2.25 
B)$3.25 
C)$3.45 
D)$4.70

Quizplus · Accepted Answer

The Answer of CR Corporation has the following estimated costs for the next year:  CR Corporation estimates that 20,000 labor-hours will be worked during the year.If overhead is applied on the basis of direct labor-hours,the overhead rate per hour will be:
A)$2.25 
B)$3.25 
C)$3.45 
D)$4.70

CR Corporation Has the Following Estimated Costs for the Next