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Marquis company estimates that annual manufacturing overhead costs will be $862,000. Estimate annual operating activity bases are direct labor cost $406,000 direct labor hours 47,000,

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Marquis company estimates that annual manufacturing overhead costs will be $862,000. Estimate annual operating activity bases are direct labor cost $406,000 direct labor hours 47,000, and machine hours 105,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50.)

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