What was its capacity utilization rate for the month

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Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 165 units per hour. In the month of July, the company operated the production line for a total of 305 hours and produced 36,400 units of output.

What was its capacity utilization rate for the month? (Round your answer to 1 decimal place.)

Reference no: EM131235285

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