Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Finance & Accounting    Ask about another Subject  
 
PDA

Myra242
Jul 22, 2009, 03:36 PM
Is there a formula to determine overhead rate based on direct labor hours?
rehmanvohra
Jul 22, 2009, 11:10 PM
Of course there is. All you must do is mention what formula you have and we will try to help in correcting any error.
morgaine300
Jul 23, 2009, 12:37 AM
Overhead rate is estimated annual overhead costs divided by estimated annual acitivity base. Direct labor hours is being used as your activity base.

This equation should be in your text.