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Business, 12.04.2021 20:10 rose6038

Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of $385,900; materials of $417,000 and direct labor of $227,000. During the year Adams incurred $425,000 in materials costs, $415,300 in overhead costs and $231,000 in direct labor costs. Compute the predetermined overhead rate.

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