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What is the predetermined overhead rate

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Question - A company allocates overhead based upon the number of shoes produced. The company estimates the following costs and shoe production for the upcoming year:

Estimated total overhead $1,250,000

Estimated number of shoes 2,000,000

Actual overhead $1,350,000

Actual number of shoes 2,100,000

What is the predetermined overhead rate?

$0.625

$0.595

$0.643

$0.675

Reference no: EM132425887

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