From the following details provided by Chestnut,Inc.,prepare the manufacturing overhead budget for the year.Also,calculate the predetermined overhead allocation rate,using direct labor hours as the allocation base.
Definitions:
Turbulent Sixties
A period in the 1960s characterized by significant social, political, and cultural change and unrest in the United States, marked by civil rights movements, anti-Vietnam War protests, and shifts in societal norms.
Undocumented Migrants
Individuals who enter or stay in a country without the required legal documentation or exceed their permitted stay.
Ben Bernanke
An American economist who served as the Chairman of the Federal Reserve, the central banking system of the United States, from 2006 to 2014.
Freddie Mac
A government-sponsored enterprise established to expand the secondary mortgage market by buying loans from lenders, thereby increasing the supply of money available for mortgage lending.
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