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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-based costing
Required information [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: Activity Cost Pool Labor-related Estimated Overhead Cost Expected Activity 4,000 direct labor-hours 7,000 machine-hours 500 setups 500 orders $ 29,200 Machine-related $ 7,000 Machine setups $ 18,000 Production orders $ 24,000 Product testing $ 24,000 1,200 tests Packaging $ 47,600 3,400 packages General factory $ 59,600 4,000 direct labor-hours 2. 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.) Predetermined overhead rate per DLH
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