Combs Manufacturing Company Uses Predetermined Overhead Rates Based on Direct

question 11

Multiple Choice

Combs Manufacturing Company uses predetermined overhead rates based on direct labor.The Company budgeted to spend $750,000 on labor during the period.Combs estimates annual variable overhead to be $225,000 and annual fixed overhead to be $900,000.What are Comb's overhead variable and fixed rates?

• A)$0.30 variable/$1.20 fixed.
• B)$1.80 variable/$0.83 fixed.
• C)$1.50 variable/$1.50 fixed.
• D)$0.67 variable/$0.67 fixed.
• E)None of the above.

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