Meger Manufacturing Uses the Direct Labor Cost Method for Applying

question 30

Multiple Choice

Meger Manufacturing uses the direct labor cost method for applying factory overhead to production. The budgeted direct labor cost and factory overhead for the previous fiscal year were $1,000,000 and $800,000, respectively. Actual direct labor cost and factory overhead were $1,100,000 and $825,000, respectively. What was Meger's predetermined factory overhead rate?

• A)80%
• B)125%
• C)75%
• D)133%

---

Definitions:

Islam

A monotheistic Abrahamic religion teaching that there is only one God (Allah) and Muhammad is God's final prophet.

Fundamental Theology

involves studying the fundamental beliefs and concepts of religion to understand its basis, nature, and justification.

Denominations

In religion, distinct groups or branches within a larger religious framework that share common beliefs and practices but are organizationally independent.

Religious Text

Writings considered sacred and central to the beliefs, practices, and traditions of a religious community.