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A company estimates the following manufacturing costs at the beginning of the period: direct labor, $936,000: direct materials. $780,000 and factory overhead $234,000. The company's

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A company estimates the following manufacturing costs at the beginning of the period: direct labor, $936,000: direct materials. $780,000 and factory overhead $234,000. The company's predetermined overhead rate as a percent of direct labor is 400%. True or False True False

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