Fatzinger Corporation has two production departments, Milling and Assembly. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Milling Department's predetermined overhead rate is based on machine-hours and the Assembly Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MillingAssemblyMachine-hours 20,000 14,000Direct labor-hours 2,000 7,000Total fixed manufacturing overhead cost$132,000$57,400Variable manufacturing overhead per machine-hour$2.30 Variable manufacturing overhead per direct labor-hour $3.40 The predetermined overhead rate for the Assembly Department is closest to:
A. $4.06 per direct labor-hour
B. $11.60 per direct labor-hour
C. $8.20 per direct labor-hour
D. $3.40 per direct labor-hour
Answer: B
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