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Cavy Company estimates that total factory overhead costs for the following year will be $ 1 , 8 2 4 , 1 0 0 .

Cavy Company estimates that total factory overhead costs for the following year will be $1,824,100. The company has decided that the basis for applying factory overhead should be machine hours, which are estimated to be 49,300 hours.
Compute the predetermined factory overhead rate.
$ per machine hour
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