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Find the predetermined overhead rate

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Question - Factory Overhead Calculation, Allocation, and Analysis

Red Wing Company applies factory overhead based on direct labor costs. The company incurred the following costs during 2011: direct materials costs, $637,500; direct labor costs, $2,500,000; and factory overhead costs applied, $1,000,000.

Determine the predetermined overhead rate for year 2011.

Reference no: EM131803098

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