Question: Enrique Mares Enterprises applies overhead using direct labor hours. The following data are available for the year: Expected direct labor hours ......... 600,000 Actual direct

Enrique Mares Enterprises applies overhead using direct labor hours. The following data are available for the year:
Expected direct labor hours ......... 600,000
Actual direct labor hours ........... 545,000
Overhead applied ............. $2,937,550
Actual overhead ............. $2,800,000

Required
What predetermined overhead rate did Enrique Mares use?

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