Combs Manufacturing Company uses predetermined overhead rates based on direct labor. The Company budgeted to spend $750,000 on labor during the period. Combs estimates annual variable overhead to be $225,000 and annual fixed overhead to be $900,000. What are Comb's overhead variable and fixed rates? a. $0.30 variable/$1.20 fixed.
B) $1.80 variable/$0.83 fixed.
C) $1.50 variable/$1.50 fixed.
D) $0.67 variable/$0.67 fixed.
E) None of the above.

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The Answer of Combs Manufacturing Company uses predetermined overhead rates based on direct labor. The Company budgeted to spend $750,000 on labor during the period. Combs estimates annual variable overhead to be $225,000 and annual fixed overhead to be $900,000. What are Comb's overhead variable and fixed rates? a. $0.30 variable/$1.20 fixed.
B) $1.80 variable/$0.83 fixed.
C) $1.50 variable/$1.50 fixed.
D) $0.67 variable/$0.67 fixed.
E) None of the above.

Combs Manufacturing Company Uses Predetermined Overhead Rates Based on Direct