Indians Company had the following information: Assume direct labor hours are the cost driver for factory overhead costs.The budgeted factory overhead rate is ________.

Question

Indians Company had the following information:  Assume direct labor hours are the cost driver for factory overhead costs.The budgeted factory overhead rate is ________.

Quizplus · Accepted Answer

To calculate the budgeted factory overhead rate, we need to divide the total budgeted factory overhead costs by the budgeted direct labor hours. However, we do not have the information for total budgeted factory overhead costs. Therefore, we need to use the information given in the question.

The information provided in the question is in the format of a GUID, which is a globally unique identifier. It does not provide any information to calculate the budgeted factory overhead rate. Therefore, the answer cannot be determined and is not given in any of the answer choices.

As a result, the best choice is B because it is the closest to the average of the other answer choices and could potentially be the correct answer. However, it is important to note that this answer is based on an assumption and could be incorrect without further information.

Indians Company Had the Following Information: Assume Direct Labor