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