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explain the following items: 1- Predetermined Overhead rate . Please writ the formula 2- Under -applied Overhead . please write the entry 3- Over-applied Overhead.
explain the following items:
1- Predetermined Overhead rate . Please writ the formula
2- Under -applied Overhead . please write the entry
3- Over-applied Overhead. please write the entry
4- What is the difference between Applied manufacturing overhead and Actual manufacturing overhead
5- Equivalent unit
6- What is the formula for Cost per equivalent.
7- Production Report
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