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1) Discuss the difference between Actual Costing and Normal Costing. How does the concept of Predetermined Overhead (POR) fit into the application of the costing

1) Discuss the difference between Actual Costing and Normal Costing. How does the concept of Predetermined Overhead (POR) fit into the application of the costing methods? 2) What are the methods of disposing over and under applied overhead? 3) Discuss the application of y=a + bx. What are the elements, contrast High-Low vs. Regression results.

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