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A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would
A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that total factory overhead costs would be $338,000 and direct labor hours would be 40,500. Actual manufacturing overhead costs incurred were $300,800, and actual direct labor hours were 51,900. What is the predetermined factory overhead rate per direct labor hour? a. $8.35 b. $12.52 c. $10.01 d. $6.68
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