Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a...
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Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity- based costing system has the following seven activity cost pools Estimated Overhead Expected Activity Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Cost $25,200 2,000 direct labor-hours $ 5,000 5,000 machine-hours $18,000 $29,400 $23,000 1,000 tests $ 84,000 3,500 packages $ 60,000 2,000 direct labor-hours 500 setups 700 orders 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH
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