Helland Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: The predetermined overhead rate is closest to:
A) $2.50 per direct labor-hour
B) $11.30 per direct labor-hour
C) $6.30 per direct labor-hour
D) $8.80 per direct labor-hour

Question

Helland Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data:  The predetermined overhead rate is closest to:
A) $2.50 per direct labor-hour 
B) $11.30 per direct labor-hour 
C) $6.30 per direct labor-hour 
D) $8.80 per direct labor-hour

Quizplus · Accepted Answer

The Answer of Helland Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data:  The predetermined overhead rate is closest to:
A) $2.50 per direct labor-hour 
B) $11.30 per direct labor-hour 
C) $6.30 per direct labor-hour 
D) $8.80 per direct labor-hour

Helland Corporation Uses a Job-Order Costing System with a Single