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Aspen Technologies has the following budget data: Estimated direct labor hours 9,700 Estimated direct labor dollars $50,900 Estimated factory overhead costs $150,800 If factory overhead

Aspen Technologies has the following budget data:

Estimated direct labor hours 9,700
Estimated direct labor dollars $50,900
Estimated factory overhead costs $150,800

If factory overhead is to be applied based on direct labor hours, the predetermined overhead rate is

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