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Company A expects to pay 114,000 in wages this year. In recent years, wages have ranged from a low of 87,000 to a high of

Company A expects to pay 114,000 in wages this year. In recent years, wages have ranged from a low of 87,000 to a high of 170,000 while the average was 135,000. Overhead costs have been largely fixed at 919,000 in recent years. What is the overhead rate at capacity as a percentage of wages?

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