allocated to cost objects based on the actual labour hours worked. The predetermined overhead rate was calculated as follows:
Predetermined overhead rate = Budgeted overhead cost / Budgeted labour hours
= €238,700 / 23,870 hours
= €9.99 per labour hour
Using this predetermined overhead rate, the overhead allocated to the cost objects in November can be calculated by multiplying the actual labour hours worked by the predetermined overhead rate:
Overhead allocated = Actual labour hours worked * Predetermined overhead rate
= 24,000 hours * €9.99 per labour hour
= €239,760
Therefore, the overhead allocated to the cost objects in November was €239,760.