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What is crain predetermined overhead rate

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Crain Company budgeted 35,000 direct labor hours and incurred 40,000 direct labor hours. It incurred$780,000 of overhead and estimated overhead was $735,000.

1. What is Crain's predetermined overhead rate?

2. Was overhead overapplied or underapplied for the year? By howmuch?

Reference no: EM133239590

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