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The following information has been provided for Howell Company. Howell applies overhead using a predetermined overhead rate based on machine hours Budgeted overhead cost $300,000

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The following information has been provided for Howell Company. Howell applies overhead using a predetermined overhead rate based on machine hours Budgeted overhead cost $300,000 Actual overhead cost $295.000 Budgeted activity 30,000 machine hours Actual activity 28,000 machine hours The overhead application rate is: Select one: a $10.54 b. $10.00 c. $9.83 d $10.71

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