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Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of $336,000;

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of $336,000; materials of $400,000 and direct labor of $210,000. During the year Adams incurred $408,000 in materials costs, $414,300 in overhead costs and $214,000 in direct labor costs. Compute the predetermined overhead rate. Multiple Choice 194.0% 63% 84% 160.0% 190.0% < Prev 17 of 39 Next >

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