Question: Calculate the predetermined budgeted overhead rate from the following: Budgeted overheads for the year R150 000 Budgeted labour hours for the year 60

Calculate the predetermined budgeted overhead rate from the following:

• Budgeted overheads for the year R150 000

• Budgeted labour hours for the year 60 000 hours

• Actual labour hours for the year 62 000 hours

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