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Business, 26.02.2020 04:20 cookies1164

Lancelot Manufacturing is a small textile manufacturer using machineminushours as the single indirectminuscost rate to allocate manufacturing overhead costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Case High School band jacket job. Company Case High School Job Direct materials $ 60 comma 000 $ 2 comma 400 Direct labor $ 15 comma 000 $ 600 Manufacturing overhead costs $ 50 comma 000 Machineminushours 100 comma 000 mh 1 comma 000 mh For Lancelot Manufacturing, what is the annual manufacturing overhead costminusallocation rate?

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