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Multiple Choice Question Companies use a predetermined overhead rate rather than an actual overhead rate because a predetermined rate is more accurate it is impossible
Multiple Choice Question
Companies use a predetermined overhead rate rather than an actual overhead rate because
a predetermined rate is more accurate
it is impossible to calculate an actual rate
an actual rate is not known until the end of the period
a predetermined rate is easier to calculate and apply
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
3rd Edition
0139488944, 978-0139488948
