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22 If annual overhead costs are expected to be $500,000 and direct labor costs are expected to be $2,500,000, then if the activity base is

22 If annual overhead costs are expected to be $500,000 and direct labor costs are expected to be $2,500,000, then if the activity base is direct labor costs: for every dollar of manufacturing overhead, 20 cents of direct labor will be assigned. $5 is the predetermined overhead rate. a predetermined overhead rate cannot be determined. for every dollar of direct labor, 20 cents of manufacturing overhead will be assigned. 2 pts

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