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Accounting

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Item9

The following information has been gathered for Foxmoor Industries for its fiscal year ending December 31:

Estimated factory overhead costs$1,500,000

Actual factory overhead costs$1,776,400

Estimated labor hours$48,000

Actual labor hours$51,700

Estimated labor costs$756,000

Actual labor costs$840,125

Estimated machine hours$96,000

Actual machine hours$102,600

What is the predetermined factory overhead rate per labor dollar?

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