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Daffe Corporation Uses Direct Labor-Hours in Setting Its Predetermined Overhead

question 48

Essay

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?


Definitions:

Convergent Evolution

The process where unrelated organisms independently evolve similar traits as a result of having to adapt to similar environments or ecological niches.

Elongated Snouts

A characteristic of certain animals, where the nose and mouth area is significantly extended, often adapting to specific feeding or sensory needs.

Direct Evidence

Evidence that directly proves a fact, without an inference or presumption, and which in itself, if true, conclusively establishes that fact.

Evolution

The method through which various types of life are believed to have evolved and branched out from ancestral forms throughout Earth's history.

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