Vanliere Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates:
During the current month the company started and finished Job A803. The following data were recorded for this job:
-The predetermined overhead rate for the Finishing Department is closest to:
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Europe
A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, comprising countries with diverse cultures, languages, and histories.
Asia
The world's largest and most populous continent, located primarily in the Eastern and Northern Hemispheres, it is known for its diverse cultures, languages, and economies.
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Great Britain
A sovereign nation located off the northwest coast of Europe, comprising England, Scotland, and Wales.
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