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The following information relates to a company's production activities for the month of October: Estimated AmountsActual AmountsCost of direct labor$18,500$19,000Cost of maufacturing overhead$22,000$24,000Direct labor hours900920
The following information relates to a company's production activities for the month of October:
Estimated AmountsActual AmountsCost of direct labor$18,500$19,000Cost of maufacturing overhead$22,000$24,000Direct labor hours900920
Using direct labor hours as the activity base, what is the predetermined overhead rate?
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