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Calculate predetermined overhead allocation rates

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Reference no: EM131195884

Ridgewood, Co. estimated the following annual hours and costs:

Expected annual direct labor hours

42,000

Expected annual direct labor cost

$600,000

Expected machine hours

21,000

Expected material cost for the year

$480,000

Expected manufacturing overhead

$840,000

Calculate predetermined overhead allocation rates using each of the four possible allocation bases provided.

 

Reference no: EM131195884

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