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Required information [ The following information applies to the questions displayed below. ] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity

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[The following information applies to the questions displayed below.]
Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-
based costing system has the following seven activity cost pools:
Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide
predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.)
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