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Use the following information from BS) Industries to determine the predetermined overhead rate based on direct labor costs. (Round your final answer to 2 decimal

Use the following information from BS) Industries to determine the predetermined overhead rate based on direct labor costs. (Round your final answer to 2 decimal places.) Direct labor hours 50,000 Average hourly pay rate $ 27.00 Manufacturing overhead $ 3,185,000 Predetermined overhead for every dollar of labor cost

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