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One company allocates overhead using direct labour cost as the allocation base, for the year 2019, estimated $345,500 as the overhead amount and $225,000 for
One company allocates overhead using direct labour cost as the allocation base, for the year 2019, estimated $345,500 as the overhead amount and $225,000 for direct labour cost.
Compute the overhead allocation rate for 2019
predetermined overhead rate in %
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