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Our company will require 25,000 labor hours to meet the coming period's estimated production level. We estimate our total fixed manufacturing overhead to be $50,000,
Our company will require 25,000 labor hours to meet the coming period's estimated production level. We estimate our total fixed manufacturing overhead to be $50,000, and variable manufacturing overhead costs to be $4.00 per direct labor hour. What would our pre-determined overhead rate be?
A. 4.00
B. 2.00
C. 0.1666
D. 6.00
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