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Hello, Please answer the attached questions and show your work. At the beginning of the year, Ilberg Company estimated the following costs: Ilberg Company uses
Hello,
Please answer the attached questions and show your work.
At the beginning of the year, Ilberg Company estimated the following costs: Ilberg Company uses normal costing and applies overhead on the basis of direct labor cost. (Direct labor cost is equal to total direct labor hours worked multiplied by the wage rate.) For the month of December, direct labor cost was S37,900. Calculate the predetermined overhead rate for the year. Enter the percentage answer as a whole number. Calculate the overhead applied to production in December
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