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Compute the manufacturing overhead rate for the year

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Question - Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $304,560 for the year, and machine usage is estimated at 126,900 hours.

For the year, $323,682 of overhead costs are incurred and 132,500 hours are used.

Compute the manufacturing overhead rate for the year.

 

 

Reference no: EM131922880

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