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. Dobrinski Corporation bases its predetermined overhead rate on the estimated labor - hours for the upcoming year. At the beginning of the most recently

. Dobrinski Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of the most recently completed year, the company estimated the labor-hours for the upcoming year at 13,000 labor-hours. The estimated variable manufacturing overhead was $2.35 per labor-hour and the estimated total fixed manufacturing overhead was $156,130.Required:Compute the company's predetermined overhead rate.

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