Question: please solve with this exact values! Prakash Product computes its predetermined overhead rate annually on the basis of machine hours. At the beginning of the

please solve with this exact values!

Prakash Product computes its predetermined overhead rate annually on the basis of machine hours. At the beginning of the year, it estimated that its total manufacturing overhead would be $250,000 and machines would be run a total of 10,000 hours. Its actual manufacturing overhead for the year was $236,000 and its actual total machine hours was 16,500 hours. Compute the company's predetermined overhead rate for the year

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