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Lee Company manufactures a line of lightweight running shoes. CEO Brian Lee estimated that the company would incur $4,620,000 in manufacturing overhead during the coming

Lee Company manufactures a line of lightweight running shoes. CEO Brian Lee estimated that the company would incur $4,620,000 in manufacturing overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 330,000 direct labor hours and 440,000 machine hours. (a) Your answer is incorrect Assume that Lee Company uses direct labor hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. Company's predetermined overhead rate $ /DLH

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