Question: DriverLess Inc. uses machine hours as the allocation base for monthly manufacturing overhead cost. At the beginning of June, it estimated that its total manufacturing

DriverLess Inc. uses machine hours as the allocation base for monthly manufacturing overhead cost. At the beginning of June, it estimated that its total manufacturing overhead for June would be $400,000 and the total machine hours would be 20,000 hours. Its actual machine hours for June is 21,000 hours. Its actual total manufacturing overhead for June was $390,000.

What is the companys predetermined overhead rate for June?

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