Austin company uses a job order cost accounting system the

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Austin Company uses a job order cost accounting system. The company's executives estimated that direct labor would be $4,800,000 (160,000 hours at $30/hour) and that factory overhead would be $1,400,000 for the current period. At the end of the period, the records show that there had been 190,000 hours of direct labor and $1,100,000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead allocation rate?

Reference no: EM13599341

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