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Compute the predetermined overhead rate

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Question - Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of $364,800; materials of $418,000 and direct labor of $228,000. During the year Adams incurred $426,000 in material costs, $415,400 in overhead costs and $223,000 in direct labor costs. Compute the predetermined overhead rate.

Reference no: EM132610432

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