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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 system

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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 system has the following seven activity cost pools: 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.)

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