Is-Sp18.ACC × WileyPLUSs 1 e https/edugen.wileyplus.com/eduge Kimmel, Accounting

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Is-Sp18.ACC × WileyPLUSs 1 e https/edugen.wileyplus.com/eduge Kimmel, Accounting, 6e Help l System Announcements CALCULATOR PRINTER VERSION BANE CES Brief Exercise 15-6 ] Your answer is incorrect. Try again. Marquis Company estimates that annual manufacturing overhead costs will be direct labor hours 53,000, and machine hours 105,000 Compute the predetermined overhead rate for each activity base. (Round answers rk Estimated annual operating activity bases are direct labor cost $450,000, to 2 decimal places, e.g. 10.50.) Overhead rate per direct labor cost Overhead rate per direct labor hour Overhead rate per machine hour Click if you would like to Show Work for this question sion) : Open Show Work INTERACTVE TUTORIAL LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 2 of 3 used SAVE FOR LATER SUBMIT ANSWER Earn Maximum Points available only if you answer this question correctly in three attempts or less

Explanation / Answer

Overhead rate per direct labor cost = ($825,000 / $450,000) × 100 = 183.33%

Overhead rate per direct labor hour = $825,000 / 53,000 = $15.57

Overhead rate per machine hour = $825,000 / 105,000 = $7.86

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