Ridgewood, Co. estimated the following annual hours and costs: Expected annual direct labor hours 42,000 Expected annual direct labor cost $600,000 Expected machine hours 21,000 Expected material...

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Ridgewood, Co. estimated the following annual hours and costs:

Expected annual direct labor hours 42,000 
Expected annual direct labor cost $600,000 
Expected machine hours 21,000 
Expected material cost for the year $480,000 
Expected manufacturing overhead $840,000 
 
 
Calculate predetermined overhead allocation rates using each of the four possible allocation bases provided. (Round direct labor cost and direct material cost answers to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.)


  Direct labor hours Direct labor cost Machine hours Direct material cost 
Predetermined overhead allocation $
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