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2. Explain the difference between a plantwide allocation rate and a departmental overhead rate?I Which is more accurate and why? (8 points} Plantwide allocation rate

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2. Explain the difference between a plantwide allocation rate and a departmental overhead rate?I Which is more accurate and why? (8 points} Plantwide allocation rate is when every product is given the same manufacturing overhead rate while departmental overhead rate establishes a separate manufacturing overhead rate. Departmental is more accurate because it gives an more exact rate of allocation

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