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At the beginning of the year, Pavelka Company's manager estimated the total direct labor costs to be $1,500,000. The manager also estimated the following overhead
At the beginning of the year, Pavelka Company's manager estimated the total direct labor costs to be $1,500,000. The manager also estimated the following overhead costs for the year: Indirect labor. Rent on factory building... Factory utilities.... Depreciation-factory equipment..... $279,600 .70,000 78,000 30,000 52,400 Repairs expense-factory equipment... Total estimated overhead costs.........$750,000 Compute Smith's predetermined manufacturing overhead rate. The overhead rate is Hint: Predetermined overhead rate= total esstimated overhead costs / total direct labor cost (do not type %, just the number value. Add your answer Integer, decimal, or E notation allowed % C
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