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Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be worked during the coming period of 55,000 hours,

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Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be worked during the coming period of 55,000 hours, and (3) manufacturing overhead applied to production during the period of $432,000. The predetermined overhead rate is closest to: Multiple Choice $8.15 $8.00 $7.85

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