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Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year....

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Accounting

Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Estimated machine-hours 74,000 Estimated variable manufacturing overhead $7.67 per machine-hour Estimated total fixed manufacturing overhead $1,630,960 The predetermined overhead rate for the recently completed year was closest to:

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