Michael & Co. expects overhead costs of $60,000 per month and direct production costs of $24 per unit. The estimated production activity for the current accounting period is as follows: 1st Quarter2nd Quarter3rd Quarter4th QuarterUnits produced11,5009,0008,25011,250 The predetermined overhead rate based on units produced is: (rounded to the nearest penny.)
A. $1.50 per unit.
B. $2.67 per unit.
C. $42.00 per unit.
D. $18.00 per unit.
Answer: D
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