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At the end of the year, actual manufacturing overhead costs were $120,000 and applied manufacturing overhead costs were $160,175. If the denominator activity for the year was 20,000 machine-hours, and if 21,500 standard machine-hours were allowed for the year's production, find out the predetermined overhead rate per machine-hour.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942057

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