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Calculate the predetermined overhead rate

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Question - Acme Corp applies overhead based on Direct Labor Costs. Based on the following information, calculate the Predetermined Overhead rate. This is in the book as a percentage amount, but round to two decimal places and enter it here as 1.21. Do not enter it as 121 or 121%

Machine Hours 104,045

Direct Labor Hours 52,760

Direct Labor Costs 673,547

Overhead Costs 811,014

Reference no: EM132728933

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