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Daffe Corporation Uses Direct Labor-Hours in Setting Its Predetermined Overhead

Question 106

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Daffe Corporation uses direct labor-hours in setting its predetermined overhead rate.At the beginning of the year,the total estimated manufacturing overhead was $165,600.At the end of the year,actual direct labor-hours for the year were 11,900 hours,manufacturing overhead for the year was overapplied by $10,760,and the actual manufacturing overhead was $160,600.
Required:
What must have been the predetermined overhead rate for the year?

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(Applied manufacturing overhead is gre...

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