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At the beginning of this year, a company estimated the following costs: direct materials, $182,800; direct labor, $158,000; and overhead, $268,600. At the end of
At the beginning of this year, a company estimated the following costs: direct materials, $182,800; direct labor, $158,000; and overhead, $268,600. At the end of this year, the company's work in process inventory was $32,000, which included $7,200 of direct labor cost. The company applies overhead on the basis of direct labor costs. Complete this question by entering your answers in the tabs below. Required A Required B Compute the company's predetermined overhead rate for the year. Overhead Rate Overhead Rate Overhead Rate T T 1 Numerator Denominator Required B >
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