Doric Agricultural Corporation Uses a Predetermined Overhead Allocation Rate Based

question 12

Multiple Choice

Doric Agricultural Corporation uses a predetermined overhead allocation rate based on the direct labor cost.The manufacturing overhead cost allocated during the year is $270,000.The details of production and costs incurred during the year are as follows: $$\begin{array} { | l | r | } \hline \text { Actual direct materials cost } & \$ 811,500 \\\hline \text { Actual direct labor cost } & \$ 170,000 \\\hline \text { Actual overhead costs incurred } & \$ 260,000 \\\hline \text { Total direct labor hours } & 5580 \text { hours } \\\hline\end{array}$$ What is the predetermined overhead allocation rate applied by the corporation? (Round your answer to two decimal places.)

• A)96.30%
• B)65.38%
• C)158.82%
• D)33.27%

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Definitions:

Axon Terminal

The endpoint of an axon or nerve fiber, where it makes synaptic connections with another nerve cell or muscle cell.

Selective Permeability

A property of cellular membranes that allows certain substances to pass through while keeping others out.

Neural Membrane

The lipid bilayer that encloses a neuron, playing a crucial role in the conduction of electrical impulses.

Resting Potential

The electrical potential of a neuron when it is not actively sending a signal, representing a state of readiness.