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24. A manufacturing company uses a job order cost accounting system. Overhead is applied using...

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Accounting

24. A manufacturing company uses a job order cost accounting system. Overhead is applied using direct labor hours as an allocation base. Total costs for a particular job were $5,720. Of this amount $2,600 was direct labor and $1,040 was direct material. The company pays $26 per hour of direct labor and $2 per pound of direct materials. What is this company's overhead rate? A. $26.00 per direct labor hour. B. $20.80 per direct labor hour. C. $4.00 per direct labor hour. D. $80.00 per direct labor hour. E. $2,080 per direct labor hour.

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