Answer:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Explanation:
Giving the following information:
Jameson estimates that 20,000 direct labor-hours will be worked during the year.
We were not provided eith enough information to calculate the estimated manufacturing overhead, but I will provide with the formula and a small example:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
For example:
Estimated overhead for the period= $150,000
Direct labor hours= 20,000
Estimated manufacturing overhead rate= 150,000/20,000= $7.5 per direct labor hour
