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** PLEASE LABEL EACH PART CORRECTLY ** The unit overhead cost is calculated using the predetermined overhead application rate based on direct labor-hours. much higher

image text in transcribed ** PLEASE LABEL EACH PART CORRECTLY ** The unit overhead cost is calculated using the predetermined overhead application rate based on direct labor-hours. much higher than reported. The controller suggests an activity-based costing system and provides the following budget data pertaining to the period: REQUIRED: marks) product. (5 marks) C. How does Activity Based Costing contribute to Marvel Company's competitive advantage? (2 marks)

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