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How much is the overhead application rate

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Reference no: EM132915457

Question - FreeWater Company provided the following information from its accounting records for 2014:

Expected production 50,000 labor hours

Actual production 45,000 labor hours

Budgeted overhead $1,257,500

Actual overhead $1,449,900

How much is the overhead application rate if Freewater Company bases it on direct labor hours?

a. $29.00 per hour

b. $32.22 per hour

c. $27.94 per hour

d. $25.15 per hour

Reference no: EM132915457

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