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6-6.Describe the predetermined overhead rate. What is the role of the predetermined overhead rate in product costing? 6-7.Ideally, what does an allocation base reflect between

6-6.Describe the predetermined overhead rate. What is the role of the predetermined overhead rate in product costing?

6-7.Ideally, what does an allocation base reflect between the overhead cost and the activity (production of a product, for example)?

6-8.What is two-stage cost allocation?

6-10.What is each component of the basic cost flow model? Describe each component.

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