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X company estimates that machines will be operated for

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X Company has the following estimated costs for the year:

Direct materials $64,700
Direct labor 25,200
Factory supplies 21,900
Factory maintenance 32,000
Marketing research 42,700
Factory rent 41,100
Sales salaries 45,000
Factory insurance 68,400

X Company estimates that machines will be operated for 70,000 hours during the year, and 1,800 direct labor hours will be worked during the year. If overhead is allocated on the basis of direct labor hours, what will the overhead rate be?

 

Reference no: EM13577325

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