The following budget data are available for Happy Company: Estimated direct labor hours 12,000 Estimated direct dollars $90,000 Estimated factory overhead costs $179,000 Actual direct labor hours 11,500 Actual direct dollars $92,000 Actual factory overhead costs $180,000 If factory overhead is to be applied based on direct labor dollars, the predetermined overhead rate is

A) 199%
B) 196%
C) $14.92
D) $15.65


A

Business

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