Question: Requirement 4 . Assuming fixed overhead is allocated using crate - packing hours, what is the predetermined fixed overhead allocation rate? Determine the formula first.

Requirement 4. Assuming fixed overhead is allocated using crate-packing hours, what is the predetermined fixed overhead allocation rate?
Determine the formula first. Then enter the amounts to calculate the static budget fixed overhead rate. (Enter your answer to the nearest cent.)
-:
=
Static budget fixed overhead rate

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