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Wilson Corporation expects manufacturing overhead costs totaling $8,500,000 this year. They expect to use 700,000 direct labor hours, for a total labor cost of $900,750,
Wilson Corporation expects manufacturing overhead costs totaling $8,500,000 this year. They expect to use 700,000 direct labor hours, for a total labor cost of $900,750, and 2,500,000 machine hours. Calculate the predetermined overhead rate using machine hours as the allocation base.
a. 13.43
b. 12.14
c. 9.44
d. 3.40
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