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1. Why should predetermined overhead rates be used instead of actual rate? Justify your views with logical arguments. 2. Brox Hardly, a management accountant, was

1. Why should predetermined overhead rates be used instead of actual rate? Justify your views with logical arguments.

2. Brox Hardly, a management accountant, was faced with an ethical conflict at the office. According

to the Institute of Management Accountants Statement of Professional Practice, what should be

the first action Hradly should pursue? Discuss.

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