Question: Darrow Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the company worked 18,000 direct labor-hours

Darrow Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last year, the company worked 18,000 direct labor-hours and incurred $162,000 of actual manufacturing overhead cost. If overhead was underapplied by $5,940, the predetermined overhead rate for the company for the year must have been:

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