CR Corporation Has the Following Estimated Costs for the Next

question 112

Multiple Choice

CR Corporation has the following estimated costs for the next year: CR Corporation estimates that 20,000 labor-hours will be worked during the year. If overhead is applied on the basis of direct labor-hours, the overhead rate per hour will be:

• A)$2.25
• B)$3.25
• C)$3.45
• D)$4.70