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Carter, Inc., a manufacturer of gift articles, uses a single plantwide rate to allocate indirect costs with machine hours as the allocation base. Estimated overhead

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Carter, Inc., a manufacturer of gift articles, uses a single plantwide rate to allocate indirect costs with machine hours as the allocation base. Estimated overhead costs for the year are $5,600,000. Estimated machine hours are 25,000. During the year, the actual machine hours used were 53,000. Calculate the predetermined overhead allocation rate. $224 $106 $88 $75

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