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 72,400 Estimated variable manufacturing overhead $3.20 per machine-hour Estimated total fixed manufacturing overhead $838,700 The predetermined overhead rate for the recently completed year was closest to:
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