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Fimmbeducation.com%252Ffmghmiddleware%252Fmheproducts%252CuW A 700 St Help Save & Exim TB MC Qu. 02-152 (Static) Figment Imagination Company allocates... Figment Imagination Company allocates overhead to production on

image text in transcribed Fimmbeducation.com%252Ffmghmiddleware%252Fmheproducts%252CuW A 700 St Help Save & Exim TB MC Qu. 02-152 (Static) Figment Imagination Company allocates... Figment Imagination Company allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Figment estimated total overhead of $396,000, materials of 5410,000 and direct labor of $220,000. During the year Figment incurred $418,000 in materials costs, $413,200 in overhead costs and $224,000 in direct labor costs. Compute the predetermined overhead rate ers 1, 2 & 4 r Multiple Choice O 556% 184 0% 1960% O O 100% 9685 0 Prev 6 of 22 Next >> MUB hp 0

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