question archive CR Corporation has the following estimated costs for the next year: Direct materials $4,000 Direct labor $20,000 Rent on factory building $20,000 Sales salaries $25,000 Depreciation on factory equipment $10,000 Indirect labor $15,000 Production supervisor's salary $15,000 CR Corporation estimates that 20,000 labor-hours will be worked during the year

CR Corporation has the following estimated costs for the next year: Direct materials $4,000 Direct labor $20,000 Rent on factory building $20,000 Sales salaries $25,000 Depreciation on factory equipment $10,000 Indirect labor $15,000 Production supervisor's salary $15,000 CR Corporation estimates that 20,000 labor-hours will be worked during the year

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CR Corporation has the following estimated costs for the next year: Direct materials $4,000 Direct labor $20,000 Rent on factory building $20,000 Sales salaries $25,000 Depreciation on factory equipment $10,000 Indirect labor $15,000 Production supervisor's salary $15,000 CR Corporation estimates that 20,000 labor-hours will be worked during the year. If overhead is applied on the basis of direct labor-hours, the overhead rate per hour will be:

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