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Discuss (1) why estimated overhead is used, (2) how the estimated overhead rate is calculated, and (3) how the allocation base is determined?

Discuss (1) why estimated overhead is used, (2) how the estimated overhead rate is calculated, and (3) how the allocation base is determined?

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1 Why estimated overhead is used Estimated overhead is used in cost accounting to allocate indirect costs to products services or departments Indirect ... blur-text-image

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