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Dagger Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year,...

Dagger Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $393,030. At the end of the year, actual direct labor-hours for the year were 21,200 hours, manufacturing overhead for the year was underapplied by $21,100, and the actual manufacturing overhead was $384,280. The predetermined overhead rate for the year must have been closest to:

$18.13 per direct labor-hour

$17.13 per direct labor-hour

$18.54 per direct labor-hour

$17.54 per direct labor-hour

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ekkarill92 answered 2 years ago
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