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Joe's Blows make fans. Factory Overhead is estimated to be $2,222,220 for the year. Direct Materials estimate = $5,845,000, Direct Labor estimate = $7,000,450 @
Joe's Blows make fans. Factory Overhead is estimated to be $2,222,220 for the year. Direct Materials estimate = $5,845,000, Direct Labor estimate = $7,000,450 @ 280,000 hours. Administrative Expense = $550,000. Estimated output = 2,000,000 fans. What is the single Factory Overhead Rate using Direct Labor Hours?
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