At the beginning of a period a company predicts total direct materials costs of $ 900,000 and

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At the beginning of a period a company predicts total direct materials costs of $ 900,000 and total overhead costs of $ 1,170,000. If the company uses direct materials costs as its activity base to allocate overhead, what is the predetermined overhead rate it should use during the period?

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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