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Carey Company applies manufacturing overhead costs to products as a percentage of direct labor dollars. Estimated and actual values of manufacturing overhead and direct labor

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Carey Company applies manufacturing overhead costs to products as a percentage of direct labor dollars. Estimated and actual values of manufacturing overhead and direct labor costs are summarized here: Direct labor cost Manufacturing overhead Estimated Actual $ 410,000 $360,000 779,800 704, eee Required: Compute the predetermined overhead rate. Predelemined Overhead Rate X

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