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Job 196 was charged $44,000 for direct materials and $34,000 for direct labor. The total charges to the job-cost record for Job 196 were $148,000.

Job 196 was charged $44,000 for direct materials and $34,000 for direct labor. The total charges to the job-cost record for Job 196 were $148,000. What was the manufacturing overhead application rate as a percentage of direct-labor dollars? (keep two decimals)

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