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How do calculate the predetermined overhead allocation rate

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Problem 1: Zullian Corporation had estimated manufacturing overhead costs for the coming year to be RM303,000. The total estimated direct labor hours and machine hours for the coming year are 7,000 and 12,000, respectively. Manufacturing overhead costs are allocated based on direct labor hours. Calculate the predetermined overhead allocation rate. (Round your answer to the nearest cent)

Reference no: EM132627999

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