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Business, 15.02.2021 22:10 lorip7799ov3qr0

Theta Inc. uses normal costing and applies overhead based on direct material costs. The predetermined overhead rate for the current year is 250% of direct material costs. During the year, $3,500,000 of direct material costs and $4,000,000 of direct labor costs were incurred. Theta's applied overhead is: a. $9,375,000.

b. $1,600,000.

c. $8,750,000.

d. $1,400,000.

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