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Billa Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $ 5 . 5 0 per machine - hour and fixed manufacturing

Billa Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $5.50 per machine-hour and fixed manufacturing overhead cost of $515,100 per period. If the denominator level of activity is 5,100 machine-hours, the predetermined overhead rate would be: (Round your intermediate calculations to 2 decimal places.)
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$101.00
$5.50
$106.50
$550.00
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