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helppp Mazan Corporation bases its predetermined overhead rate on the estimated...

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Accounting

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Mazan Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of the most recently completed year, the company estimated the labor-hours for the upcoming year at 13,000 labor-hours. The estimated variable manufacturing overhead was $2.53 per labor-hour and the estimated total fixed manufacturing overhead was $165,310. Required: Compute the company's predetermined overhead rate. Show your work! 7 A B I - EE E

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