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Hunter, Inc. uses a job order costing system. The company's executives estimated that direct labor would be $1,500,000 (150,000 hours at $15/hour) and that estimated
Hunter, Inc. uses a job order costing system. The company's executives estimated that direct labor would be $1,500,000 (150,000 hours at $15/hour) and that estimated factory overhead would be $3,000,000 for the current period. At the end of the period, the records show that there had been 180,000 hours of direct labor and $1,800,000 of actual overhead costs. Using direct labor dollars as a base, what was the predetermined overhead rate? HTML Editor y U A IX EX X V C DIT : T 12pt Paragraph
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