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1. please help Exercise 2-1 Compute a Predetermined Overhead Rate (LO2-11 Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct
1. please help
Exercise 2-1 Compute a Predetermined Overhead Rate (LO2-11 Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 29,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $527,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour, Harris's actual manufacturing overhead cost for the year was $670,311 and its actual total direct labor was 29,500 hours Required: Compute the company's plantwide predetermined overhead rate for the year, (Round your answer to 2 decimal places.) Predetermined overhead Tato per DLH Prev 1 of 9 Next > MacBook Air 888 od 24 #S Da DD FR ho FH a > % $ 4 & 7 5 6 8 9 0 R T T Y U O { [ } ] F G H J K L V ? B ? M N Step by Step Solution
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