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A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be
A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $327,538 and direct labor hours would be 41,819. Actual manufacturing overhead costs incurred were $306,035, and actual direct labor hours were 54,756. What is the predetermined overhead rate per direct labor hour
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