Question: Digger Inc sells a high-speed retrieval system for mining information. It provides the following information for the year. Overhead is applied on the basis of

provides the following information for the year. Overhead is applied on the

Digger Inc sells a high-speed retrieval system for mining information. It provides the following information for the year. Overhead is applied on the basis of direct labor hours. Compute the predetermined overhead rate. (Round answer to 2 decimal places eg. 12.25.) Predetermined overhead rate $ per direct labor hour (b) Determine the amount of overhead applied for the year. Amount of overhead applied

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