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Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Estimated machine-hours Estimated
Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Estimated machine-hours Estimated variable manufacturing overhead Estimated total fixed manufacturing overhead The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $9.60 per machine-hour $8.68 per machine-hour $6.79 per machine-hour $14.72 per machine-hour 72,800 $ 3.20 per machine-hour $ 838,770
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