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A company estimates its manufacturing overhead will be $ 7 5 0 , 0 0 0 for the next year. What is the predetermined overhead

A company estimates its manufacturing overhead will be $750,000 for the next year. What is the predetermined overhead rate given the following independent allocation bases?
Budgeted direct labor hours: 60,000
Budgeted direct labor expense: $1,500,000
Estimated machine hours: 100,000

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