Business, 25.02.2020 01:08, leahmitch612

Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cosi expects to incur $810,000 of overhead during the next period, and expects to use 51,000 labor hours at a cost of $10.00 per hour. What is Cosi Company's overhead application rate?

a. 6.30%.
b. 63.0%.
c. 159%.
d. 1588%.
e. 67%.

Answers: 2

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Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor...