6 1 point Ikerd Company applies manufacturing overhead to jobs on the...
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Accounting
point Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $ for the year, and machine usage is estimated at hours. For the year, $ of overhead costs are incurred, and machine hours are used. Compute the manufacturing overhead rate for the year. 
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Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $ for the year, and machine usage is estimated at hours.
For the year, $ of overhead costs are incurred, and machine hours are used.
Compute the manufacturing overhead rate for the year.
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