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1. Which of the following is an advantage of a dual-rate method? It is less costly to implement. It allocates fixed cost as per the

1. Which of the following is an advantage of a dual-rate method?

It is less costly to implement.

It allocates fixed cost as per the budgeted usage that helps in short and long-run planning.

It is the most widely used method in practice.

It avoids the expensive analysis for categorizing costs as either fixed or variable.

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