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White Company has two departments, Cutting and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each department. The Cutting Department bases its rate on machine-hours, and the Finishing Department bases its rate on direct labor-hours. At the beginning of the year, the company made the following estimates:
Department
Compute the predetermined overhead rate to be used in each department. (Round your answers to 2 decimal places.)
randolph is a 30 partner in the rd partnership. on january 1 rd distributes 15000 cash an investment with a fair value
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