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560 CoursHeroTranscribedText: Use the following information from BSJ Industries to determine the predetermined overhead rate based on direct labor costs. (Round your final answer to

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CoursHeroTranscribedText: Use the following information from BSJ Industries to determine the predetermined overhead rate based on direct labor costs. (Round your final answer to 2 decimal places.) Direct labor hours 50, 000 Average hourly pay rate $ 29.00 Manufacturing overhead $3, 480, 000 Predetermined overhead rate $ 69.60 for every dollar of labor cost

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