Bernard Company's budgeted manufacturing overhead is $3,300,000.Overhead is allocated on the basis of direct labor hours.The budgeted direct labor hours for the period are 60,000.What is the manufacturing overhead rate?

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Quizplus · Accepted Answer

The manufacturing overhead rate is calculated by dividing the total budgeted manufacturing overhead by the budgeted direct labor hours: $3,300,000 / 60,000 hours = $55.00 per direct labor hour.

Bernard Company's Budgeted Manufacturing Overhead Is $3,300,000