738. If an actual manufacturing overhead costs is $485000 and actual total quantity of cost allocation base is 4500 labour hours, then overhead rate would be

109.87
$107.78
$106.56
$104.34
✅ The correct answer is B.
Overhead rate = Actual manufacturing overhead costs ÷ Actual total quantity of cost allocation
= $485000 ÷ 4500 = $107.78

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