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Calculate the predetermined overhead rate if a company expects total manufacturing overhead costs of $15,000,000 and expects to use 1,500,000 direct labor hours. Item Details

Calculate the predetermined overhead rate if a company expects total manufacturing overhead costs of $15,000,000 and expects to use 1,500,000 direct labor hours.

Item

Details

Total Manufacturing Overhead Costs

$15,000,000

Expected Direct Labor Hours

1,500,000

Also, prepare a manufacturing overhead budget for the upcoming period.

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