Use the following information to answer the following item(s).

-The budgeted factory overhead rate for applying manufacturing overhead would be
A) $7.62.
B) $8.00.
C) $8.20.
D) $8.61.

Question

Use the following information to answer the following item(s).
 
-The budgeted factory overhead rate for applying manufacturing overhead would be
A) $7.62. 
B) $8.00. 
C) $8.20. 
D) $8.61.

Quizplus · Accepted Answer

The budgeted factory overhead rate is calculated by dividing the total budgeted factory overhead costs by the total budgeted direct labor hours. The given rate of $8.00 is likely the result of this calculation.

Use the Following Information to Answer the Following Item(s)