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Question 10 1 pts Acme Corp applies overhead based on Direct Labor Costs. Based on the following information, calculate the Predetermined Overhead rate. This is

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Question 10 1 pts Acme Corp applies overhead based on Direct Labor Costs. Based on the following information, calculate the Predetermined Overhead rate. This is in the book as a percentage amount, but round to two decimal places and enter it here as 1.21. Do not enter it as 121 or 121% Machine Hours Direct Labor Hours Direct Labor Costs Overhead Costs 103,944 53,573 650,468 887,530

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