Business, 18.06.2020 01:57 maleah12x

Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 26,000 direct labor-hours would be required for the period’s estimated level of production. The company also estimated $636,000 of manufacturing overhead expenses for the coming period. Harris's actual manufacturing overhead for the year was $694,606 and its actual total direct labor was 26,500 hours. Required:Compute the company's predetermined overhead rate for the year.

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Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours....

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