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Question
Q-dot Manufacturing Company has provided the following information for the year 2012:
Actual manufacturing overhead costs incurred $199,900
Manufacturing overhead costs allocated to production $189,000
Actual direct materials cost $560,000
Actual direct labor cost $333,000
Actual direct labor hours 9,450 direct labor hours
Actual machine hours 180,000 machine hours
Based on the above information, what was Q-dot's allocation rate? (Hint: for this type of problem, the "trial and error" method may be used.)
A) $7.60 per machine hour
B) 132% of direct labor cost
C) 80% of direct materials cost
D) $20 per direct labor hour
Answer
This answer is hidden. It contains 76 characters.
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