This Question 1 pt 6of 40 21 complete Archangel Manufactarin

This Question: 1 pt 6of 40 (21 complete) Archangel Manufactaring calculated a predetermined overhead allocation rate at the beginning of the year based on direct labor costs. The production details for the year are ghven below Total manufacturing overhead costs estimated at the beginning of the year Total direct labor costs estimated at the beginning of the year Total direct labor hours estimated at the beginning of the year 10,000 direct labor hours Actual manufacturing overhead costs for the year Actual direct labor costs for the year Actual direct labor hours for the year 150,000 $330,000 $160,000 $360,000 10,000 direct labor hours Caloulate the manufacturing overhead allocation rate for the year based on the above data (Round your Sinal answer to two decimal places) OA, 240% ??. 30% ° C. 45 45% OD, 11%

Solution

C. 45.45%

Predetermined overhead allocation rate = Total manufacturing overhead estimated at the beginning of the year / Total direct labor costs estimated at the beginning of the year = $150,000 / $330,000 = 45.45%