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Calculate the predetermined overhead rate per machine-hour

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Question - At the end of the year, actual manufacturing overhead costs were $120,000 and applied manufacturing overhead costs were $160,175. If the denominator activity for the year was 20,000 machine-hours, and if 21,500 standard machine-hours were allowed for the year's production, Calculate the predetermined overhead rate per machine-hour.

Reference no: EM131877829

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