Kizspy | Question: 16
(Choose 1 answer)
Dagnon Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year,the total estimated manufacturing overhead was USD299, 130. At the end of the year, actual direct labor-hours for the year were 17,400 hours, manufacturing overhead for the year was overapplied by USD13,850, and the actual manufacturing overhead was USD294,130. The predetermined overhead rate for the year must have been closets to:
A. USD17.70
B. USD17.19
C. USD18.22
D. USD16.90