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Business, 08.10.2020 14:01 Crull5999

Peter Heating/Cooling installs and services commercial heating and cooling systems. Peter uses job costing to calculate the cost of its jobs. Overhead is allocated to each job based on the number of direct labor hours spent on that job. Peter estimated that its overhead for the coming year would be $63,750. It also anticipated using 4,250 direct labor hours for the year. What is the predetermined overhead rate based on direct labor hours?

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