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The Following Information Has Been Gathered for Foxmoor Industries for Its

question 56

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The following information has been gathered for Foxmoor Industries for its fiscal year ending December 31: What is the predetermined factory overhead rate per labor dollar?
 Estimated factory ouerhead costs $1,500,000 Actual factory overhead costs $1,776,400 Estimated labor hours 48,000 Actual labor hours 51,700 Estimated labor costs $756,000 Actual labor costs $840,125 Estimated machine hours 96,000 Actual machine hours 102,600\begin{array} { | l | r | } \hline \text { Estimated factory ouerhead costs } & \$ 1,500,000 \\\hline \text { Actual factory overhead costs } & \$ 1,776,400 \\\hline \text { Estimated labor hours } & 48,000 \\\hline \text { Actual labor hours } & 51,700 \\\hline \text { Estimated labor costs } & \$ 756,000 \\\hline \text { Actual labor costs } & \$ 840,125 \\\hline \text { Estimated machine hours } & 96,000 \\\hline \text { Actual machine hours } & 102,600 \\\hline\end{array}


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