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Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cost expects to incur $790,000 of

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Cosi Company uses a job order costing system and allocates its overhead on the basis of direct labor costs. Cost expects to incur $790,000 of overhead during the next period, and expects to use 49,000 labor hours at a cost of $10.00 per hour. What is Cosi Company's predetermined overhead rate

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