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Daffe Corporation uses direct labor-hours in setting its predetermined overhead rate.At the beginning of the year,the total estimated manufacturing overhead was $165,600.At the end of the year,actual direct labor-hours for the year were 11,900 hours,manufacturing overhead for the year was overapplied by $10,760,and the actual manufacturing overhead was $160,600.
Required:
What must have been the predetermined overhead rate for the year?
Intercultural Misunderstandings
Occur when people from different cultural backgrounds misinterpret each other's behaviors, words, or actions due to differing norms and values.
Holistic World Views
A perspective that emphasizes the importance of understanding the whole rather than dissecting into parts, often applied in cultural and environmental contexts.
Theories of Essentialism
Philosophical ideas and theories suggesting that entities have a set of attributes essential to their identity or function.
Selectively Exaggerated
The deliberate overstatement or amplification of certain aspects while minimizing or ignoring others for specific impacts.
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