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also show calculations The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor

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The Silver Corporation uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Department A and on machine-hours in Department B. At the beginning of the year, the Corporation made the following estimates: What predetermined overhead rates would be used in Department A and Department B, respectively? 67% and $3.00 150% and $5.00 150% and $3.00 67% and $5.00

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