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What is the single cost driver rate for billings

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Reference no: EM131840005

Question - Billings Manufacturing Company has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:

Cost Pool Overhead costs Cost driver Activity level

Supervision of direct labor $840,000 Direct labor - hours 950,000

Machine maintenance. $135,000 Machine - hours 990,000

Facility rent $212,000 Square feet of area 150,000

Total overhead costs $1,187,500

The accounting records show the Houston Job consumed the following resources:

Cost driver Actual level

Direct labor - hours 220

Machine - hours 1,518

Square feet of area 80

If direct labor - hours are considered the only overhead cost driver, what is the single cost driver rate for Billings?

A. $0.88 per direct labor - hour

B. $1.13 per direct labor - hour

C. $.080 per direct labor hour

D. $1.25 per direct labor - hour

Reference no: EM131840005

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