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Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct...

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Accounting

Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor hours costing $2,500,000 in labor and utilizing 12,500 machine hours. Calculate the predetermined overhead rate using: Direct labor hours Direct labor dollars Machine hours

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