Business, 28.01.2020 22:46 carterhoward

Lueckenhoff corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. the company has provided the following data concerning job t498 which was recently completed: 40 number of units in the job total direct labor-hours 80 direct materials $950 direct labor cost $2,720 the predetermined overhead rate is closest to: a. $11.90 per direct labor-hour b. $7.10 per direct labor-hour c. $9.50 per direct labor-hour d. $240 per direct labor-hour

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