Answer:
158.8%
Step-by-step explanation:
Given:
Over head to be incurred by Cosi'[s Company for the next period = $810,000
Expected labor hours = 51,000 hours
Cost of labor = $10.00 per hour
The total labor cost = Expected labor hours × Cost of labor
= 51,000 hours × $ 10.00 per hour
= $510,000
To calculate Cosi's Company overhead application rate, the incurred overhead will be divided with total labor cost.


= 1.588
In percentage, the overhead application rate is 1.588 × 100% = 158.8%
The correct answer is 158.8%.
NOTE
Considering the options given in the question, there is a kind of miss-up. It seems there is a typographical error of placing the decimal point in option d. Assuming there is an error of omitting the decimal point, option d will be the correct answer. But if option d was correctly typed the best possible option will be approximately 159% (option c).