Q 15.37:Dave is working on some paperwork for his boss. The company has reported that...
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Accounting
Q 15.37:Dave is working on some paperwork for his boss. The company has reported that their estimated indirect labor costs for the year are going to be $130,000, while the direct labor costs for the year will be $200,000. The estimated overhead costs for the year are expected to be $156,000. What is the predetermined overhead rate for the company?
A : 57%
B : 80%
C : 65%
D : 78%
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