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NCS Company estimates an overhead of $1,587,000 for the next year. An estimated 23,000 units will be produced, with material costs of $661,250. Conversion will
NCS Company estimates an overhead of $1,587,000 for the next year. An estimated 23,000 units will be produced, with material costs of $661,250. Conversion will require an estimated 105,800 direct labor hours at a cost of $4 per hour and an estimated 63,480 machine hours. What is the predetermined overhead rate if a unit of production will be used?
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