Wolf Co. estimatesthat its employees will work 400,000 direct labor hours
Wolf Co. estimatesthat its employees will work 400,000 direct labor hours during the
coming year. Total overhead costs are estimated to be $9,600,000 and direct labor costs are estimated to be $12,500,000. Direct Labor hours are actually 450,000.
If Wolf Co. allocates overhead based on direct labor HOURS, what is the predetermined overhead rate?