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Knowledge Check 01 A normal cost system applies overhead to jobs by multiplying a predetermined overhead rate by the estimated amount of the allocation base

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Knowledge Check 01 A normal cost system applies overhead to jobs by multiplying a predetermined overhead rate by the estimated amount of the allocation base incurred by the job by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the job using the actual amount of overhead caused by each job using the normal amount of overhead caused by each job

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