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The following information has been gathered for Catalyst Legal Services for its fiscal year ending December 31: Actual office overhead costs $ 1,275,500 Actual billable

The following information has been gathered for Catalyst Legal Services for its fiscal year ending December 31:

Actual office overhead costs $ 1,275,500
Actual billable labor hours 44,600
Actual billable labor costs $ 3,960,000
Estimated office overhead costs $ 1,080,000
Estimated billable labor hours 48,000
Estimated billable labor costs $ 4,320,000

What is the predetermined office overhead rate per billable labor hour?

Multiple Choice

  • $28.60.

  • $26.57.

  • $22.50.

  • $24.22.

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