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James Company estimates that annual manufacturing overhead costs will be $897,600 Estimated annual operating activity bases are direct labor cost $440,000 Direct labor hours $44,000

James Company estimates that annual manufacturing overhead costs will be $897,600

Estimated annual operating activity bases are direct labor cost $440,000

Direct labor hours $44,000

Machine hours $88,000

Compute the predetermined overhead rate for each activity base.

Please explain each step clearly

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