What is the predetermined overhead allocation rate

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Question: A XYZ Company is a consulting firm that uses a job order costing system. The firm expects to have $120,000 in indirect costs and $80,000 in direct labor costs. The cost of direct labor is $40 per hour. What is the predetermined overhead allocation rate for XYZ company? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132088254

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