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What the predetermined overhead rate for the year

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Problem - Baker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $79,750 and 2,500 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $81,850 and actual direct labor-hours were 2,250. What the predetermined overhead rate for the year?

Reference no: EM132928658

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