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KAEC Machine Shop has estimated 10,000 labor-hours and 20,000 machine-hours for the year. Total budgeted overhead for the year is SAR 1.500,000. Question: a. What

KAEC Machine Shop has estimated 10,000 labor-hours and 20,000 machine-hours for the year. Total budgeted overhead for the year is SAR 1.500,000.

Question:

a. What is the pre-determine overhead rate using labor-hours and also using machine hours?

b. Which would you pick and why?

c. How is job costing in a service firm different from job costing in a manufacturer?

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