Budgeted factory overhead budget

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Reference no: EM13965010

The Roget Factory has determined that its budgeted factory overhead budget for the year is $15,500,000. They plan to produce 2,000,000 units. Budgeted direct labor hours are 1,050,000 and budgeted machine hours are 750,000. Using the single plant wide factory overhead rate based on direct labor hours, calculate the factory overhead rate for the year.

a. $14.76

b. $20.67

c. $7.75

d. $77.50

Reference no: EM13965010

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