The following data was reported by the manager at Cost Less Manufacturing:
Actual
Total manufacturing overhead costs: $2,200,000
Total direct manufacturing labor-hours 32,000
Required:
Compute the actual manufacturing overhead rate for the single manufacturing overhead cost pool.
A) $25.62 per direct manufacturing labor-hour
B) $50.25 per direct manufacturing labor-hour
C) $68.75 per direct manufacturing labor-hour
D) $72.50 per direct manufacturing labor-hour
E) $78.62 per direct manufacturing labor-hour
C
Explanation: C) [($2,200,000 / 32,000 )] = $68.75 per direct manufacturing labor-hour
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