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Exercise 3 - 1 5 ( i ) Compute the predetermined overhead rate for each department. The job cost sheet for Job 2 0 3

Exercise 3-15(i)
Compute the predetermined overhead rate for each department.
The job cost sheet for Job 203, which was started and completed during the year, showed the following:
\table[[,Department],[Direct labor-hours,Cutting,Finishing],[Machine-hours,4,11],[Direct materials,$700,3],[Direct labor cost,$100,$380
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