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Carla Vista Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year is as follows: Actual manufacturing

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Carla Vista Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year is as follows: Actual manufacturing overhead $144,000 Estimated manufacturing overhead $139,000 Direct labor hours incurred 4,800 Direct labor hours estimated 5,000 Compute the predetermined overhead rate. (Round answer to 2 decimal places, e.g. 15.25.) Predetermined overhead rate per direct labor hour

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