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Line following information applies to the questions displayed below. Sweeten Company had no jobs in progress at the beginning
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Compute the fixed overhead rate of the company:
Fixed overhead rate
Fixed Manufacturing Overheads /Total Machine Hours
25000 / 4000
$6.25
Predetermined overhead rate=Fixed overhead rate+Variable overhead rate
Predetermined overhead rate = 6.25 + 1.4 +2.2
Predetermined overhead rate =$ 9.85 per machine hours
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