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Find and compute the company predetermined overhead rate

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Reference no: EM132705125

Harwood Company is a manufacturing firm that operates ajob-order costing system Overhead costs are applied to jobs on the basis of machine-hours. At the beginning of the year, management estimated that the company would incur $126,000 in manufacturing overhead costs and work 60,000 machine-hours.

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Problem 1. Compute the company‘s predetermined overhead rate

Reference no: EM132705125

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