A company estimates the following manufacturing costs for the next period: direct labor, $512,000; direct...

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A company estimates the following manufacturing costs for the next period: direct labor, $512,000; direct materials, $211,000; and factory overhead, $130,000. Required: 1. Compute its predetermined overhead rate as a percent of direct labor. 2. Compute its overhead cost as a percent of direct materials. Complete this question by entering your answers in the tabs below. rences Required Required 2 Compute its predetermined overhead rate as a percent of direct labor. Overhead Rate Choose Denominator: Choose Numerator: Overhead Rate Overhead Rate Recured Required 2 >

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