Question: Go Jekk uses a predetermined overhead rate based on labour hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs

Go Jekk uses a predetermined overhead rate based on labour hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs for the new financial year: The company estimated that 40,000 direct labour hours and 20,000 machine-hours would be worked during the year. Calculate the predetermined overhead rate per hour

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