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Calculate predetermined overhead rate using machine hours

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Problem 1: 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.

Option 1: $9.44

Option 2: $13.43

Option 3: $12.14

Option 4: $3.40

Reference no: EM132657047

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