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ERP systems can integrate all of a company's functions, departments, and data into a single system. O O True False Accounting firms, building contractors, and

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ERP systems can integrate all of a company's functions, departments, and data into a single system. O O True False Accounting firms, building contractors, and healthcare providers use process costing, O O True False Mumbai Travel Services provided the following information: Direct labor rate: $40 per hour Predetermined allocation rate for indirect costs: $30 per direct labor hour If Mumbai Travel records revenue of $600 for a job requiring 8 hours of direct labor, then Mumbai Travel will make a profit of $40. O O True False If the volume of activity doubles in the relevant range, total variable costs will also double. O O True False

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