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Crane Company estimates that annual manufacturing overhead costs will be $600,000. Estimated annual operating activity bases are direct labor cost $400,000, direct labor hours

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Crane Company estimates that annual manufacturing overhead costs will be $600,000. Estimated annual operating activity bases are direct labor cost $400,000, direct labor hours 40,000, and machine hours 100,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50) Overhead rate per direct labor cost Overhead rate per direct labor hour Overhead rate per machine hour

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