Compute what is predetermined manufacturing overhead rate

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The following information has been gathered for the Harrell Manufacturing Company for its fiscal year ending December 31:

Actual manufacturing overhead costs

$230,500

Actual direct labor hours

56,700

Actual direct labor costs

$463,000

Estimated manufacturing overhead costs

$228,310

Estimated direct labor

$452,000

Estimated direct labor hours

57,800

Problem 1: What is the predetermined manufacturing overhead rate per direct labor hour?

Reference no: EM132655807

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