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Selected Information for Singh Corp

Question 198

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Selected information for Singh Corp. for the year follows:
Selected information for Singh Corp. for the year follows:    Calculate the predetermined overhead rate using: (a) Estimated direct labor hours. (b) Estimated direct labor cost. (c) Estimated machine hours. Calculate the predetermined overhead rate using:
(a) Estimated direct labor hours.
(b) Estimated direct labor cost.
(c) Estimated machine hours.

Correct Answer:

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(a) $132,000/55,000 = $2.40 pe...

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