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Business, 23.03.2020 22:26 lreese

The following budget data are available for Sharp Company: Estimated direct labor hours 12,000 Estimated direct labor dollars $90,000 Estimated factory overhead costs $179,000 Actual direct labor hours 11,500 Actual direct labor dollars $92,000 Actual factory overhead costs $180,000.

If factory overhead is to be applied based on direct labor dollars, the predetermined overhead rate is

a.199%
b.$15.65
c.$14.92
d.196%

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