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Marquis Company estimates that annual manufacturing overhead costs will be $874,000. Estimated annual operating activity bases are direct labor cost $494,000, direct labor hours47,000, and
Marquis Company estimates that annual manufacturing overhead costs will be $874,000. Estimated annual operating activity bases are direct labor cost $494,000, direct labor hours47,000, and machine hours105,000.
Compute the predetermined overhead rate for each activity base.(Round answers to 2 decimal places, e.g. 10.50.)
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