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Business, 24.03.2020 19:58 carsonbake

Aaron, Inc. estimates direct labor costs and manufacturing overhead costs for the coming year to be $ 770 comma 000 and $ 550 comma 000, respectively. Aaron allocates overhead costs based on machine hours. The estimated total labor hours and machine hours for the coming year are 20 comma 000 hours and 5 comma 000 hours, respectively. What is the predetermined overhead allocation rate? (Round your answer to the nearest cent.)

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Aaron, Inc. estimates direct labor costs and manufacturing overhead costs for the coming year to be...
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