Acc346 Managerial Accounting: (TCO 2) Thibodeaux Limousine Corporation is trying to determine

Acc346 Managerial Accounting
Week 3 : CVP Analysis and Variable Costing

(TCO 2) Thibodeaux Limousine Corporation is trying to determine a predetermined manufacturing overhead. Estimated overhead for the upcoming year is $776,000. Budgeted machine hours are 105,000 hours, and budgeted labor hours are 17,500 hours at a rate of $10.00 per hour. Compute the predetermined overhead rate based on:
(a) Direct labor dollars
(b) Direct labor hours
(c) Machine hours (Points : 6)
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