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Applied factory overhead is 1,650,000 and actual labor costs totaled $1,100,000. How much is the companys predetermined overhead rate to the nearest cent? a. $1.45

Applied factory overhead is 1,650,000 and actual labor costs totaled $1,100,000. How much is the companys predetermined overhead rate to the nearest cent?

a. $1.45

b. $1.31

c. $1.50

d. $1.37

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