Fixed manufacturing overhead cost $ 1,274,000
Variable manufacturing overhead per computer-hour $ 3.20
Compute the company’s predetermined overhead rate for the year. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
I did this and came up with 15.53 as the rate by dividing 1274000/82000 but for some reason that answer keeps coming up as incorrect.
What am I doing wrong?
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