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1. There are three approaches to writing off or allocating overapplied or underapplied overhead. Identify and explain which approach you prefer and why. 2. Explain

1. There are three approaches to writing off or allocating overapplied or underapplied overhead. Identify and explain which approach you prefer and why.

2. Explain how a service business like a Hospital or a Law Firm could benefit by using Job Costing.

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