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Franklin Corporation would like to use direct labor hours as the cost driver for their overhead costs. They expect to incur $420,000 of total overhead
Franklin Corporation would like to use direct labor hours as the cost driver for their overhead costs. They expect to incur $420,000 of total overhead costs in the next year. Their production line employees plan to work a total of 20,000 hours next year, and their factory manager plans to work 1,000 hours. What is the overhead rate per hour that Franklin will use?
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