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Mccaughan Corporation Bases Its Predetermined Overhead Rate on the Estimated

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Mccaughan Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. Data for the most recently completed year appear below:
Mccaughan Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. Data for the most recently completed year appear below:    Required:Compute the company's predetermined overhead rate for the recently completed year. Required:Compute the company's predetermined overhead rate for the recently completed year.

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