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Use the following information for the next 2 questions. Allen's Accounting Services uses job costing and applies overhead using a normal costing system using professional labor hours as the allocation base. This period's estimated overhead cost is $400,000, estimated professional labor cost is $800,000 and estimated direct labor hours are 8,000. This period actual overhead cost was $426,400, actual direct labor cost was $820,000, and actual direct labor hours were 8,200.
-What is the overhead allocation rate?
Backbone
In networking, a backbone refers to the principal data routes between large, strategically interconnected networks and core routers on the Internet.
Cloud
Computing services delivered over the internet, allowing for resource sharing, storage, and access to software and applications.
Internet
A global network of computers and servers that supports the vast majority of communication and data exchange across the world.
A social networking site that allows users to create profiles, share photos and videos, send messages, and keep in touch with friends, family and colleagues.
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