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Kafesa Company decides to calculate its predetermined overhead rate at the beginning of the year. The company budgets overhead costs for the year at $50,000

Kafesa Company decides to calculate its predetermined overhead rate at the beginning of the year. The company budgets overhead costs for the year at $50,000 and determines total budgeted labor hours of 250,000 as the cost driver. Actual usage of labor hours is 275,000. What is Kafesa Company's predetermined overhead rate? $5.50 So.18 $0.20 $5.00

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