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Giannitti Corporation Bases Its Predetermined Overhead Rate on the Estimated

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Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below: Giannitti Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the upcoming year appear below:   The predetermined overhead rate for the recently completed year was closest to: A)  $8.69 per machine-hour B)  $9.90 per machine-hour C)  $6.75 per machine-hour D)  $14.81 per machine-hour The predetermined overhead rate for the recently completed year was closest to:


A) $8.69 per machine-hour
B) $9.90 per machine-hour
C) $6.75 per machine-hour
D) $14.81 per machine-hour

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