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Doric Agricultural Corporation Uses a Predetermined Overhead Allocation Rate Based

Question 151

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Doric Agricultural Corporation uses a predetermined overhead allocation rate based on the direct labor cost.The manufacturing overhead cost allocated during the year is $280,000.The details of production and costs incurred during the year are as follows:
Doric Agricultural Corporation uses a predetermined overhead allocation rate based on the direct labor cost.The manufacturing overhead cost allocated during the year is $280,000.The details of production and costs incurred during the year are as follows: What is the predetermined overhead allocation rate applied by the corporation? (Round your answer to two decimal places. ) A) 94.29% B) 68.18 % C) 155.56% D) 34.48%
What is the predetermined overhead allocation rate applied by the corporation? (Round your answer to two decimal places. )


A) 94.29%
B) 68.18 %
C) 155.56%
D) 34.48%

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