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Walsam Tools applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for August follows: How much is the predetermined overhead
Walsam Tools applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for August follows:
How much is the predetermined overhead rate?
EstimatedActual
Overheadcost$160,000$161,000
Direct labor hours8,0008,200
Direct labor cost$120,000$115,800
$1.33
$20.00
$1.03
$19.63
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