14 10 pts Your Company uses a predetermined overhead rate based on machine hours to...
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14 10 pts Your Company uses a predetermined overhead rate based on machine hours to apply manufacturing overhead to jobs. Last year, the company worked 18,500 direct labor-hours and incurred $325,500 of actual manufacturing overhead cost. Overhead was over-applied by $5,000. What was the predetermined overhead rate? (Round to two digits if necessary.) $17.15 $17.32 $17.59 $17.50 O $17.86
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