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Sagot :
Answer:
Estimated manufacturing overhead rate= 20%
Explanation:
To calculate the predetermined overhead rate, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
6,000= Estimated manufacturing overhead rate*30,000
Estimated manufacturing overhead rate= 6,000 /30,000
Estimated manufacturing overhead rate= $0.2 per direct labor dollar
As a percentage= (0.2/1)*100= 20%
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