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Brief Exercise 20-6 Marquis Company estimates that annual manufacturing overhead costs will be $890,000. Estimated annual operating activity bases are direct labor cost $497,000, direct
Brief Exercise 20-6 Marquis Company estimates that annual manufacturing overhead costs will be $890,000. Estimated annual operating activity bases are direct labor cost $497,000, direct labor hours53,000, and machine hours110,000. Compute the predetermined overhead rate for each activity base.(Round answers to 2 decimal places, e.g. 10.50.)
Overhead rate per direct labor cost | % | |
Overhead rate per direct labor hour | $ | |
Overhead rate per machine hour | $ |
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