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Cedar Company has selected data as follows: Estimated manufacturing overhead. $300,200 Estimated direct labor hours. $260,900 The predetermined manufacturing overhead rate for the year using

image text in transcribed Cedar Company has selected data as follows: Estimated manufacturing overhead. $300,200 Estimated direct labor hours. $260,900 The predetermined manufacturing overhead rate for the year using direct labor hours as the allocation base would be $1.15. True False

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