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Lily Inc. determines their predetermined overhead rate on estimated machine-hours. The following information is used to calculate the predetermined overhead. The predetermined overhead rate was
Lily Inc. determines their predetermined overhead rate on estimated machine-hours. The following information is used to calculate the predetermined overhead. The predetermined overhead rate was closest to: \$8.64 per machine-hour $6.73 per machine-hour $9.90 per machine-hour D) \$14.87 per machine-hour
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