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The Cavy Company estimates that the factory overhead for the following year will be $444,600. The company has decided that the basis for applying factory
The Cavy Company estimates that the factory overhead for the following year will be $444,600. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 24,700 hours. Calculate the predetermined overhead rate to apply factory overhead.
$ per machine hour
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