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McCormack Company has the following estimated costs for next year: The company estimates that 16,000 direct labor and 106,000 machine hours will be worked during

McCormack Company has the following estimated costs for next year: The company estimates that 16,000 direct labor and 106,000 machine hours will be worked during the year. If overhead is applied on the basis of direct labor hours, what is the company's predetermined overhead rate? a. 17.12 b. 13.88 c. 7.00 d. 15.26

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