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Crane Inc. sells a high-speed retrieval system for information. It provides the following information for the year. Budgeted Actual Overhead cost $1,440,600 $951,490 Machine

Crane Inc. sells a high-speed retrieval system for information. It provides the following information for the year. Budgeted Actual Overhead cost $1,440,600 $951,490 Machine hours 51,450 44,570 Direct labour hours 107,190 93,000 Overhead is applied on the basis of machine hours. (a) Calculate the predetermined overhead rate. Predetermined overhead rate per machine hour

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