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urrent Attempt in Progress Swifty Company manufactures a line of lightweight running shoes. CEO Mark...

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urrent Attempt in Progress Swifty Company manufactures a line of lightweight running shoes. CEO Mark Swifty estimated that the company would incur $3,210.750 in manufacturing overhead during the coming year. Additionally, he estimated the company would operate at a level requiring 225,000 direct labor hours and 591,298 machine hours. Assume that Swifty Company uses direct labor hours as its manufacturing overhead application base. Calculate the company's predetermined overhead rate. (Round answer to 2 decimal places, e.g. 52.75.) DLH Company's predetermined overhead rate e Textbook and Media

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