For 2018, Franklin Manufacturing uses machineminushours as the only overhead costminusallocation base. The estimated manufacturing overhead costs are $ 360 comma 000 and estimated machine hours are 50 comma 000. The actual manufacturing overhead costs are $ 480 comma 000 and actual machine hours are 60 comma 000. Using job costing, the 2018 budgeted manufacturing overhead rate is . (Round the final answer to the nearest cent.)
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For 2018, Franklin Manufacturing uses machineminushours as the only overhead costminusallocation bas...
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