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Business, 17.04.2020 22:37 emilylittle2442

Loise Inc., a manufacturing company, forecasts that total overhead for the current year will be $19,250,000, and total machine hours will be 350,000 hours. However, the actual overhead is $6,095,000, and the actual machine hours are 142,000 hours.
If the company uses a predetermined overhead rate based on machine hours for applying overhead, what is the predetermined overhead rate?

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