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At the beginning of the year, a company estimates the following manufacturing materials, $188,000; and factory overhead, $150,000. costs for the next period: direct labor,

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At the beginning of the year, a company estimates the following manufacturing materials, $188,000; and factory overhead, $150,000. costs for the next period: direct labor, $484,000; direct Required: 1. Compute its predetermined overhead rate 2. Compute its overhead cost as a percent of direct materials. as a percent of direct labor Complete this question by entering your answers in the tabs below. Req 1 Req 2 Compute its predetermined overhead rate as a percent of direct labor. Overhead Rate Choose Numerator: Choose Denominator: Overhead Rate Overhead Rate Req1 Req 2> 2 of 3 Next> 62 d 6/2 earch

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