Homework answers / question archive / The following information has been gathered ending December 31: for Cheatham Law Offices for its fiscal year Actual office overhead costs $1,275,500 Actual billable labor hours 44,600 Actual billable labor costs $3,960,000 Estimated office overhead costs $1,080,000 Estimated billable labor hours 48,000 Estimated billable labor costs $4,320,000  What is the predetermined office overhead rate per billable labor hour? A

The following information has been gathered ending December 31: for Cheatham Law Offices for its fiscal year Actual office overhead costs $1,275,500 Actual billable labor hours 44,600 Actual billable labor costs $3,960,000 Estimated office overhead costs $1,080,000 Estimated billable labor hours 48,000 Estimated billable labor costs $4,320,000  What is the predetermined office overhead rate per billable labor hour? A

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The following information has been gathered ending December 31: for Cheatham Law Offices for its fiscal year Actual office overhead costs $1,275,500 Actual billable labor hours 44,600 Actual billable labor costs $3,960,000 Estimated office overhead costs $1,080,000 Estimated billable labor hours 48,000 Estimated billable labor costs $4,320,000 
What is the predetermined office overhead rate per billable labor hour? A. $28.60 B. $26.57 C. $22.50 D. $24.22