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Question 1 1 Point Smith Foundry in Columbus, Ohio, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the

Question 1 1 Point Smith Foundry in Columbus, Ohio, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. You can use the following excel spreadsheet to calculate your answer responses. You do not need to submit the excel spreadsheet. Compute Smith's predetermined manufacturing overhead rate (question #1 in the text) Excel Problem E3-25, and 3-27xlsx.xlsx ***

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