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QUESTION 13 The following information has been gathered for Moor Industries for its fiscal year ending December 31, 2018: Estimated factory overhead costs AED 1,700,000

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QUESTION 13 The following information has been gathered for Moor Industries for its fiscal year ending December 31, 2018: Estimated factory overhead costs AED 1,700,000 Actual factory overhead costs AED 1,776,400 Estimated labor hours 58,000 hours Actual labor hours 51,700 hours Estimated labor costs AED 756,000 Actual labor costs AED 840,125 Estimated machine hours 96,000 hours Actual machine hours 102,600 hours Required: Calculate the company's predetermined overhead rate per direct labor-hour

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