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What is the predetermined overhead rate

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Reference no: EM133027829

Question - Carlo Limited supplied the following information and advised that manufacturing overhead is applied on the basis of direct labour hours.

Estimated manufacturing overhead costs $2 295 000

Estimated direct labour hours 340 000

Actual direct labour hours 348 000

Actual manufacturing overhead costs $2 357 000

Required - What is the predetermined overhead rate?

a. $6.50

b. $6.25

c. $6.75

d. $7.00

Reference no: EM133027829

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