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(PA9) Mountain Peaks applies overhead on the basis of machine hours. See the cost Information in the table on Problem PA9. Using this information,

(PA9) Mountain Peaks applies overhead on the basis of machine hours. See the cost Information in the table on Problem PA9. Using this information, what is the predetermined overhead rate? O $350,000 $7 per machine hours O $352,000 O $7.18 per machine hours

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