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Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert

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Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has developed the following information. Total estimated overhend costs for the two preduct lines are $800,400. (a1) Calculate overhead rate. (Round answer to 2 decimal ploces es. 12.25.) Overheadrate per direct labor hour

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