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Business, 10.10.2019 01:10 mjmckay03

Hyu corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. at the beginning of the most recently completed year, the company estimated the labor-hours for the upcoming year at 55,400 labor-hours. the estimated variable manufacturing overhead was $3.12 per labor-hour and the estimated total fixed manufacturing overhead was $1,230,440. the actual labor-hours for the year turned out to be 56,000 labor-hours. the predetermined overhead rate for the recently completed year was closest to:

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