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  3. a company estimates the following manufacturing co

A company estimates the following manufacturing costs at the beginning of the period: direct labor,...

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Accounting

A company estimates the following manufacturing costs at the beginning of the period: direct labor, $500,000; direct materials, $198,000; and factory overhead, $143,000. Required: Compute its predetermined overhead rate as a percent of direct labor. Compute its predetermined overhead rate as a percent of direct materials

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