What value is passed as the tax_percentage argument in the function call split_check(60.52, 5, .07, tip_percentage=0.18)? Answer ERROR if an error occurs.

b. $30.00 per hour

Explanation:

Overhead application rate = Budgeted Overhead / Budgeted Activity

                                            = $900,000 / 30,000  labor hours

                                            = $30 per direct labor hour

Conclusion :

The overhead application rate is $30.00 per hour.