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1. Sandler Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. Data for the upcoming year appear below. Estimated

1. Sandler Corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. Data for the upcoming year appear below.

Estimated machine hours
73,000
Estimated variable manufacturing overhead
$3.49
per machine hour
Estimated total fixed manufacturing overhead
$838,770
Required: Compute the company's predetermined overhead rate

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