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Compute the predetermined overhead rate

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Question - A manufacturer estimates total factory overhead costs of $4,752,000 and total direct labor costs of $2,200,000 for its first year of operations. During January, the company used $100,000 of direct labor cost in its Blending department and $75,000 of direct labor cost in its Bottling department. Compute the predetermined overhead rate as a percentage of direct labor cost.

Reference no: EM133068704

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