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Predetermined Factory Overhead Rate Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and

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Predetermined Factory Overhead Rate Exotic Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows: Engine parts $1,205,600 Shop direct labor 880,000 Shop and repair equipment depreciation 44,300 Shop supervisor salaries 123,000 Shop property taxes 22,300 Shop supplies 17,200 Advertising expense 24,100 Administrative office salaries 103,700 Administrative office depreciation expense 13,300 Total costs and expenses $2,433,500 The average shop direct labor rate is $20.00 per hour. Determine the predetermined shop overhead rate per direct labor hour. Round the answer to nearest whole cent. per direct labor hour Check My Work 8 more Check My Work uses remaining. Previous Next

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