Arbor, Inc

question 108

Multiple Choice

Arbor, Inc. has estimated overhead to be $300,000 and labor hours to be 30,000. Actual overhead turned out to be $310,000 when 30,500 labor hours were worked. The predetermined overhead rate would be:

• A) 101.67%.
• B) $10.00.
• C) $10.16.
• D) $10.33.

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