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Yodel Products computes its predetermined overhead rate annually on the basis of machine hours. At the beginning of the year, the company estimated: $474,000 of

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Yodel Products computes its predetermined overhead rate annually on the basis of machine hours. At the beginning of the year, the company estimated: $474,000 of fixed manufacturing overhead costs for the year Variable manufacturing overhead of $12 per machine hour. . 51,000 machine hours would be required for the period's estimated level of production Yodel's actually manufacturing overhead for the year was $525,000 and its actual machine hours were 47,470. Compute the company's predetermined overhead rate for the year. O Not enough information to calculate $21.29 $10.29 $11.06 $22.88 $9.99 $9.29

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