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Longobardi Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year. At the begin
labor-hours for the year turned out to be 27,300 labor-hours. The predetermined overhead ra to: Multiple Choice $28.70 per la
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Answer #1

Total variable overhead estimated=(5.09*30700)=$156263

Total overhead estimated=Total variable overhead estimated+Total fixed overhead estimated

=156263+724827

=$881090

Predetermined overhead rate=Total overhead estimated/Estimated labor hours

=$881090/30700

=$28.7 per labor hour

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