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TNOBTK 124 Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recontly completed year appear below:

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TNOBTK 124 Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recontly completed year appear below: (1D H Q. What was TNQBTK124 Corp.'s predetermined overhead rate for the recently completed year? (choose the closest answer)

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