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MC Qu. 22 In a standard cost system, overhead... In a standard cost system, overhead is applied to production on the basis of: the standard
MC Qu. 22 In a standard cost system, overhead...
In a standard cost system, overhead is applied to production on the basis of:
the standard hours allowed to complete the actual output of the period.
the actual hours required to complete the actual output of the period.
the denominator hours chosen for the period.
the actual cost of fixed overhead during the period.
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