Question: Here are selected data for Bean Company: Estimated manufacturing overhead $253,650 Factory utilities $30,200 Estimated labor hours 35,000 Indirect labor $22,400 Actual direct labor hours
Here are selected data for Bean Company: Estimated manufacturing overhead $253,650 Factory utilities $30,200 Estimated labor hours 35,000 Indirect labor $22,400 Actual direct labor hours 36,000 Sales commissions $53,700 Estimated direct labor cost $345,900 Factory rent $47,700 Actual direct labor cost $320,100 Factory property taxes $28,100 Factory depreciation $65,400 Indirect materials $33,000 If the company allocates overhead based on direct labor cost, what is the predetermined manufacturing overhead rate
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