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a corporation applies overhead based upon machine hours to build custom sailboats. at the beginning of the year, they budgeted the following costs to make

a corporation applies overhead based upon machine hours to build custom sailboats. at the beginning of the year, they budgeted the following costs to make 50,000 units using 100,000 machine hours. During the year, the company produced 52,000 units using 106,383 machine hours. Actual overhead for the year was $393,617. what is the predetermined overhead rate?

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