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Dagnon Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $299,130. At the end of the year, actual direct labor-hours for the year were 17,400 hours, manufacturing overhead for the year was overapplied by $13,850, and the actualmanufacturing overhead was $294,130. what is the predetermined overhead rate for the year must have been closest to ?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M972756

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