What is ok company overhead application rate


O.K. Company uses a job order cost accounting system and allocates its overhead on the basis of direct labor costs. O.K. expects to incur $800,000 of overhead during the next period, and expects to use 50,000 labor hours at a cost of $10.00 per hour. What is O.K. Company's overhead application rate?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is ok company overhead application rate
Reference No:- TGS084747

Expected delivery within 24 Hours