Modiste,Inc.manufactures two kinds of bags-totes and satchels.The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base.Estimated overhead costs for the year are $26,000.Additional estimated information is given below.
Calculate the predetermined overhead allocation rate.(Round your answer to two decimal places. )
Definitions:
Co-Pays
Fixed amounts paid by an insured person for covered health care services, usually due at the time of service.
Reception Desk
The area or desk where guests are greeted and attended to upon entering a facility like an office or hotel.
Receipts
Documents that acknowledge the receipt of a payment or goods.
Application Programs
Software designed to perform specific tasks for users, such as word processing or web browsing.
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