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How much is the predetermined overhead rate

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Reference no: EM133342631

Case: Bonita Industries provided the following information from its accounting records for 2019.
Expected production - 40 000 labor hours
Actual production - 36 000 labor hours
Budgeted overhead - $800 000
Actual overhead - $760 000

Question: How much is the predetermined overhead rate if Bonita Industries bases the rate on direct labor hours?

Reference no: EM133342631

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