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LaFlame Corporation uses a job order costing system with a single plantwide predetermined overhead rate based...

LaFlame Corporation uses a job order costing system with a single plantwide predetermined overhead rate based on direct labor hours. The company’s predetermined overhead rate for the current year was based on the following data:

Total fixed manufacturing overhead $ 540,000
Variable manufacturing overhead per direct labor hour $ 2.80
Total direct labor hours 90,000

LaFlame’s predetermined overhead rate for the upcoming year is:

a.

$8.80 per direct labor hour.

b.

$2.80 per direct labor hour.

c.

$6.00 per direct labor hour.

d.

$540,000 regardless of direct labor hours.

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ReportAnswer #1
Predetermined rate for fixed overhead = Total estimated overhead/number of hours
=$540000/90000 hours
=$6 per hour
Total predetermid overhead rate = $2.8 +6
=$8.8
Correct Option : a.
$8.80 per direct labor hour.
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