Question: Computing overhead application rates. This problem is a continuation of Problem 9-3. The following data are provided: Instructions Compute three overhead application rates for each

Computing overhead application rates. This problem is a continuation of Problem 9-3. The following data are provided:

Basis Direct Labor Costs Direct Labor Hours Machine Hours Cutting $85,000 Sewing

Instructions Compute three overhead application rates for each of the three producing departments, using the data above. Show your computations in equation form. Carry your answers to three decimal places except for percents. Carry percents to six decimal places, and then round to five.

Basis Direct Labor Costs Direct Labor Hours Machine Hours Cutting $85,000 Sewing $90,000 24,000 hours 30,000 hours Finishing $110,000 27,000 hours 6,600 hours 9,000 hours 8,300 hours

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