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Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead
Bakker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $94,050 and 3,300 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $92,350 and actual direct labor-hours were 3,200. |
The predetermined overhead rate for the year was closest to
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