Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incur $870,000 of overhead during the next period, and expects to use 57,000 labor hours at a cost of $10.00 per hour. What is Cosi Company's predetermined overhead rate?
A. 152.63%.
B. 1526%.
C. 70.02%.
D. 6.55%.
E. 65.5%.
Answer: A
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