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Joe Roxbury has the following information relating to Job AA5. Direct material cost was $200,000, direct labor was $45,360, and overhead applied on the basis
Joe Roxbury has the following information relating to Job AA5. Direct material cost was $200,000, direct labor was $45,360, and overhead applied on the basis of direct labor hours was $52,920. What was the predetermined overhead rate using the labor rate of $18 per hour?
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