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managerial, Basic Statistics
Kody Corporation uses a joborder costing system with a plantwide overhead rate based on machinehours. At the beginning of the year, the company made the following estimates:
Machinehours required to support estimated production 156,000
Fixed manufacturing overhead cost $ 660,000
Variable manufacturing overhead cost per machinehour $ 4.20
Required:
1.
Compute the predetermined overhead rate. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Predetermined overhead rate $ per MH
Posted Date: 6/20/2012 11:35:16 AM  Location : United States
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