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A corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following

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A corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most rncent year: The predetermined overhead rate per machine-hour would be closest to: $19,49 $17.80 $17.77 $16.23

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