Question: 5.) USE THE SAME CHART PROVIDED TO ANSWER THE QUESTION PLEASE A company estimates the following manufacturing costs at the beginning of the period: direct

5.) USE THE SAME CHART PROVIDED TO ANSWER THE QUESTION PLEASE

A company estimates the following manufacturing costs at the beginning of the period: direct labor, $540,000; direct materials, $198,000; and factory overhead, $117,000. Required: 1. Compute its predetermined overhead rate as a percent of direct labor. 2. Compute its predetermined overhead rate as a percent of direct materials. Complete this question by entering your answers in the tabs below. Compute its predetermined overhead rate as a percent of direct labor. Compute its predetermined overhead rate as a percent of direct materials

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