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Bubba's Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year overhead is estimated at $2,250,000 and direct labor hours are budgeted at 415,000 hours. Actual overhead was $2,200,000 and actual overhead hours worked were 422,000.

(a) find out the predetermined overhead rate.

(b) find out the overhead applied.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M947817

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