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Harris fabrics computes its predetermined overhead rate annually on the basis of direct labour-hours. at the beginning of the year, it estimated that its total
Harris fabrics computes its predetermined overhead rate annually on the basis of direct labour-hours. at the beginning of the year, it estimated that its total manufacturing overhead would be $540,000 and the total direct labour would be 30,000 hours. its actual total manufacturing overhead for the year was $547,900 and its total direct labour was 31,000 hours
required:
compute the company's predetermined overhead rate for the year.
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