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Jack Company uses a predetermined overhead rate based on direct labour hours to apply manufacturing overhead to jobs. Last year, the company worked 10,000 direct
Jack Company uses a predetermined overhead rate based on direct labour hours to apply manufacturing overhead to jobs. Last year, the company worked 10,000 direct labour hours and incurred 92,000 of actual manufacturing overhead costs. If overhead was underapplied by 1,000, what was the predetermined overhead rate for the company? $9.10 $9.30 $92.00 $10.00 33
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