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Omega Manufacturing bases its rate on direct labor cost. At the beginning of the year, the company made the following estimates: Direct labor-hours: 30,000 Machine-hours:

Omega Manufacturing bases its rate on direct labor cost. At the beginning of the year, the company made the following estimates: Direct labor-hours: 30,000 Machine-hours: 5,000 Materials overhead cost: $486,000 Direct labor cost: $270,000 What is the predetermined overhead rate?

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