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Business, 13.09.2019 04:10 JCSakura

Nguyen inc. applies overhead to products based on direct labor hours using normal costing. during 2016, total overhead costs were estimated to be $500,000. actual overhead totaled $540,000 based on 32,000 actual direct labor hours. at the end of the year, overhead was overapplied by $20,000. based on this information, what was the predetermined overhead rate used during 2016?

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