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Find the predetermined overhead rate for the year

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Baker Corporation applies manufacturing overhead

Baker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $97,650 and 3,100 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $99,850 and actual direct labor-hours were 2,850.

Find the predetermined overhead rate for the year.

Reference no: EM131558188

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