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Duran Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $281,200. At the

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Duran Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $281,200. At the end of the year, actual direct labor-hours for the year were 19,700 hours, manufacturing overhead for the year was underapplied by $13,600, and the actual manufacturing overhead was $267730. The predetermined overhead rate for the year must have been closest to

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