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A company expected its annual overhead costs to be $1000000 and direct labor costs to be $500000. Actual overhead was $900000, and actual labor costs
A company expected its annual overhead costs to be $1000000 and direct labor costs to be $500000. Actual overhead was $900000, and actual labor costs totaled $600000. How much is the company's predetermined overhead rate to the nearest cent? $2.00 $1.67 $1.50 $1.80
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