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How much is the overhead application rate

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Reference no: EM132639862

Barr Mfg. provided the following information from its accounting records for 2017:

Expected production 60,000 labor hours

Actual production 56,000 labor hours

Budgeted overhead $900,000

Actual overhead $870,000

Problem 1: How much is the overhead application rate if Barr bases the rate on direct labor hours?

Reference no: EM132639862

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