Business, 15.07.2020 05:01 veah808

Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows: Engine parts $380,000
Shop direct labor 1,872,000
Shop and repair equipment depreciation 62,500
Shop supervisor salaries 240,000
Shop property taxes 36,940
Shop supplies 10,000
Advertising expense 28,000
Administrative office salaries 150,000
Administrative office depreciation expense 8,000
Total costs and expenses $2,787,440
The average shop direct labor rate is $37.50 per hour.
Determine the predetermined shop overhead rate per direct labor hour. Round the answer to nearest whole cent. per direct labor hour $

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