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Granger Manufacturing Company expects annual manufacturing overhead to be $300,000. The company also expects 30,000 direct labor hours costing $375,000 and machine run time of
Granger Manufacturing Company expects annual manufacturing overhead to be $300,000. The company also expects 30,000 direct labor hours costing $375,000 and machine run time of 10,000 hours. Calculate predetermined overhead allocation rates based on direct labor hours, direct labor cost, and machine time. (Round direct labor cost to 2 decimal places, e.g. 15.25 and all other answers to 0 decimal places, e.g. 5,275.)
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