Strong Company applies overhead based on

by | Mar 18, 2020 | Uncategorized

  
Strong Company applies overhead based on machine hours. At the beginning of 20×1, the company estimated that manufacturing overhead would be $500,000, and machine hours would total 20,000. By 20×1 year-end, actual overhead totaled $525,000, and actual machine hours were 25,000. On the basis of this information, the 20×1 predetermined overhead rate was?

  

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