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A company expected its annual overhead costs to be $83,600 and direct labor costs to be $39,500. Actual overhead was $82,500, and actual labor costs

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A company expected its annual overhead costs to be $83,600 and direct labor costs to be $39,500. Actual overhead was $82,500, and actual labor costs totaled $42,310. How much is the company's predetermined overhead rate rounded to two decimal places? O $2.12 O $1.95 O $1.98 O $2.09 O $2.03

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