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Q3. ALFAHD Corporation estimated manufacturing overhead costs for the year to be SR500,000. ALFAHD also estimated 8,000 machine hours and 2,000 direct labor hours for
Q3. ALFAHD Corporation estimated manufacturing overhead costs for the year to be SR500,000. ALFAHD also estimated 8,000 machine hours and 2,000 direct labor hours for the year. It bases the predetermined overhead allocation rate on machine hours.
Required: calculate the Predetermined overhead allocation rate
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