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How much is the overhead application rate

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Reference no: EM132663933

Question - Waterway Industries provided the following information from its accounting records for 2019.

Estimated production 50000 labor hours

Actual production 46000 labor hours

Budgeted overhead $900000

Actual overhead $860000

Required - How much is the overhead application rate if Waterway Industries bases the rate on direct labor hours?

Reference no: EM132663933

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