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Based on the expected data below, answer the following questions: a. What would the traditional overhead rate be in a labour intensive firm? b. What
Based on the expected data below, answer the following questions: a. What would the traditional overhead rate be in a labour intensive firm? b. What would the traditional overhead Jcate be in a capital-intensive firm? c. Using traditional costing, how much overhead would be allocated to total inventory? d. Using activity-based costing, how much overhead would be allocated to total inventory? e. Using traditional costing, how much overhead would be allocated to Product A which is primarily a function of direct labour hours? f. Using activity-based costing, what are the rates for labour activity and machine activities? g. Using activity-based costing, how much overhead would be allocated to Product B which is primarily a function of machine hours? Product B which is primarily a function of machine hours? Data Set Data for Question 8
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