Cozy, Inc., manufactures small and large blankets. It estimates $528,663 in overhead during the manufacturing...

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Accounting

Cozy, Inc., manufactures small and large blankets. It estimates $528,663 in overhead during the manufacturing of 92,313 small blankets and 90,000 large blankets. What is the predetermined overhead rate per machine hour if a small blanket takes 8 machine hour and a large blanket takes 8 machine hours? Round to the nearest penny, two decimal places.

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