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The manufacturing overhead budget at Foshay Corporation is based on budgeted direct labor - hours. The direct labor budget indicates that 5 , 8 0
The manufacturing overhead budget at Foshay Corporation is based on budgeted direct laborhours. The direct labor budget indicates that direct laborhours will be required in May. The variable overhead rate is $ per direct laborhour. The company's budgeted fixed manufacturing overhead is $ per month, which includes depreciation of $ All other fixed manufacturing overhead costs represent current cash flows. The company recomputes its predetermined overhead rate every month. The predetermined overhead rate for May should be:
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$
$
$
$
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