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Compute the predetermined overhead rate for each activity

Brief Exercise 20-6 Marquis Company estimates that annual manufacturing overhead costs will be $890,000. Estimated annual operating activity bases are direct labor cost $497,000, direct labor hours 53,000, and machine hours 110,000.

Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, e.g. 10.50.)

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Accounting Basics: Compute the predetermined overhead rate for each activity

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