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Given that Ahmed Manufacturing Company had the following information for the year, find the estimated overhead allocation rate based on machine hours. Estimated overhead SAR

Given that Ahmed Manufacturing Company had the following information for the year, find the estimated overhead allocation rate based on machine hours.

Estimated overhead SAR 300,000

Actual overhead SAR 320,000

Estimated direct labor hours 20,000

Actual direct labor hours 19,400

Estimated machine hours 10,000

Actual machine hours 11,000

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