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What is beta predetermined overhead rate

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Question - Beta Corporation is planning operations for the coming year. Beta uses normal costing and applies overhead on the basis of direct labor hours. The estimated overhead cost amounts to $10,000,000, estimated direct labor hours are 100,000, estimated direct labor cost amounts to $3,000,000, and estimated direct materials cost is $20,000,000. What is Beta's predetermined overhead rate?

Reference no: EM133112801

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