Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs.The production details for the year are given below:
Calculate the manufacturing overhead allocation rate for the year based on the above data.(Round your final answer to two decimal places. )
A) 43.75%
B) 264.29%
C) 11.43%
D) 25.00%
Correct Answer:
Verified
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