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A toy manufacturer makes and sells toys. The toys are prepared in three separate departments namely, the preparation department, the| assembly department and the packaging
A toy manufacturer makes and sells toys. The toys are prepared in three separate departments namely, the preparation department, the| assembly department and the packaging department. You are required to: (a) Calculate the overhead rates for each department. (b) Calculate the applied overheads for each department. (c) Calculate the over- or under-applied overheads for each department if the following actual overheads were incurred
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