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13) 2.5 PT Benedict Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined

13) 2.5 PT Benedict Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Required: Calculate the predetermined overhead rate for the year. 50,000 $ 390,000 $ 3.60

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