Predetermined overhead rate for the specific year

Reference no: EM13126610

Dagnon Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $299,130. At the end of the year, actual direct labor-hours for the year were 17,400 hours, manufacturing overhead for the year was overapplied by $13,850, and the actualmanufacturing overhead was $294,130. The predetermined overhead rate for the year must have been closest to:

a. $17.70

b. $17.19

c. $18.22

d. $16.90

Reference no: EM13126610

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