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Please calculate predetermined overhead rate for the year. Crowson Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours.

Please calculate predetermined overhead rate for the year. image text in transcribed
Crowson Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Required: Calculate the predetermined overhead rate for the year: Note Round your answer to 2 decimal places

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