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Calculate the firm predetermined overhead rate

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Reference no: EM132195371

Question - Jackson Inc. listed the following data for 2016:

Budgeted factory overhead $1,271,000

Budgeted direct labor hours 82,000

Budgeted machine hours 41,000

Actual factory overhead 1,201,000

Actual direct labor hours 86,300

Actual machine hours 39,400

Round calculations to 2 significant digits

Assuming Jackson Inc. applied overhead based on direct labor hours, the firm's predetermined overhead rate for 2016 is:

$14.20 per direct labor hour.

$14.38 per direct labor hour.

$15.24 per direct labor hour.

$15.50 per direct labor hour.

$15.85 per direct labor hour.

Reference no: EM132195371

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