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Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginni
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Budgeted Fixed manufacturing overhead $                             5,42,000
Budgeted Variable manufacturing overhead(32,000*$4) $                             1,28,000
Total Budgeted manufacturing overhead $                             6,70,000
Budgeted Direct labor hours 32000 hours
Predetermined overhead rate($670,000/32,000 hours) $                                  20.94 per direct labor hours
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