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Golden Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below: The

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Golden Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below: The predetermined overhead rate for the recently completed year was closest to: Multiple Choice $6.14 per machine-hour $3240 per machine hour $26.26 per machine-hour

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