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Lily Painting Services uses a job order cost system to collect the costs of its home painting business. Each customer's house is treated as a

image text in transcribed Lily Painting Services uses a job order cost system to collect the costs of its home painting business. Each customer's house is treated as a separate job. Overhead is applied to each job based on the number of painting hours required for each house. Listed below are the data for the current year: The company uses Operating Overhead in place of Manufacturing Overhead. (a) Your answer is incorrect. Compute the predetermined overhead rate. Predetermined overhead rate \$ per hour

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