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Required information Use the following information for the Quick Studies below. (Algo) Rafner Manufacturing has...

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Accounting

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Required information Use the following information for the Quick Studies below. (Algo) Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost Direct labor hours Machine hours Assembly $ 1,343, 100 12, 100 direct labor hours 5,900 machine hours Finishing $ 810,900 19,900 direct labor hours 15,900 machine hours QS 17-7 (Algo) Computing departmental overhead rates LO P2 What is the Assembly department overhead rate using direct labor hours? What is the Finishing department overhead rate using machine hours? The departmental overhead rate for Assembly The departmental overhead rate for Finishing

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