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Please answer using excel format (no screenshot/image LO 3 ) 11.20 Mallett Manufacturing estimates the following activity for the coming year: . expected production 50

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Please answer using excel format (no screenshot/image

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LO 3 ) 11.20 Mallett Manufacturing estimates the following activity for the coming year: . expected production 50 000 units . expected direct labour hours 5000 hours . expected manufacturing overhead $200 000. Manufacturing overhead is allocated on the basis of direct labour hours. At the end of the financial period, the following information was collected: . direct labour hours 4000 hours . manufacturing overhead $220 000. Required a. Calculate the predetermined indirect cost rate at the beginning of the year. b. Calculate the actual indirect cost rate for the year. Hints: a. Use estimated data. 200,000/5,000 =... per Direct Labour Hour b. Use actual data 220,000/4,000=... per direct labour hour

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