Question: Please need answer the general accounting question Sterling Precision Tools Inc. uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead

Please need answer the general accounting question

Please need answer the general accounting
Sterling Precision Tools Inc. uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated based on: e Machine-hours in the Fabrication Department, and Direct labor-hours in the Finishing Department. At the beginning of 20X6, the following estimates were provided for the coming year: Department Direct Labor Machine _ Direct Labor Cost Manufacturing Hours Hours ($) Overhead ($) Fabrication 50,000 100,000 $700,000 $600,000 Finishing 80,000 30,000 $1,200,000 $400,000 For Sterling Precision Tools, what is the annual manufacturing overhead cost-allocation rate for the Fabrication Department

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