Doric Agricultural Corporation uses a predetermined overhead allocation rate based on the direct labor cost.The manufacturing overhead cost allocated during the year is $280,000.The details of production and costs incurred during the year are as follows:

What is the predetermined overhead allocation rate applied by the corporation? (Round your answer to two decimal places. )

Question

Doric Agricultural Corporation uses a predetermined overhead allocation rate based on the direct labor cost.The manufacturing overhead cost allocated during the year is $280,000.The details of production and costs incurred during the year are as follows:

What is the predetermined overhead allocation rate applied by the corporation? (Round your answer to two decimal places. )

Quizplus · Accepted Answer

C)
 11ea8a42_4f87_4157_8b44_a73494407bab_TB5024_00

Doric Agricultural Corporation Uses a Predetermined Overhead Allocation Rate Based