Question: The predetermined overhead rate for manufacturing overhead for 2016 is $5.00 per direct labor hour. Employees are expected to earn $8.00 per hour and the

The predetermined overhead rate for manufacturing overhead for 2016 is $5.00 per direct labor hour. Employees are expected to earn $8.00 per hour and the company is planning on paying its employees $290,000 during the year. However, only 80% of the employees are classified as "direct labor." What was the estimated manufacturing overhead for 2016?

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