Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following...
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Accounting
Acton Corporation, which applies manufacturing overhead on the basis of machinehours, has provided the following data for its most recent year of operations.
Actual machine hours.......................................
The estimates of the manufacturing overhead and of machinehours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The predetermined overhead rate is closest to:
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$
$
$
$
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