Question on: JAMB Accounting - 2002
Nasara Manufacturing Plc has three direct labour employees that work 40 hours each a week for 50 weeks a year. Factory overhead costs of N60,000 is distributed on the basis of direct labour hours.
Compute the overhead rate?
A
N12 per hour
B
N16 per hour
C
N10 per hour
D
N15 per hour
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Correct Option: C
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