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1.When would job order costing be used instead of process costing? 2. Why do firms use predetermined overhead rates rather than actual overhead costs in

1.When would job order costing be used instead of process costing?

2. Why do firms use predetermined overhead rates rather than actual overhead costs in applying

overhead to jobs?

3. What are the primary advantages to activity-based costing as described in class? What is the

one major disadvantage?

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