Hykes Corporation's manufacturing overhead includes $4.40 per machine-hour for supplies; $4.40 per machine-hour for indirect labor; $55,800 per period for salaries; and $58,590 per period for depreciation.
Required:
Determine the predetermined overhead rate if the denominator level of activity is 3,100 machine-hours.Show your work!

Question

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The Answer of Hykes Corporation's manufacturing overhead includes $4.40 per machine-hour for supplies; $4.40 per machine-hour for indirect labor; $55,800 per period for salaries; and $58,590 per period for depreciation.
Required:
Determine the predetermined overhead rate if the denominator level of activity is 3,100 machine-hours.Show your work!

Hykes Corporation's Manufacturing Overhead Includes $4