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Problem 9 (want typed and briefly explained answer) Which statement is false? a. Using a single plant wide overhead allocation rate is the simplest method
Problem 9 (want typed and briefly explained answer) Which statement is false? a. Using a single plant wide overhead allocation rate is the simplest method of allocating overhead costs. b. An allocation system that uses departmental overhead allocation rates is more refined than one that uses a plant wide overhead allocation rate. c. Allocation focuses on indirect costs. d. The predetermined overhead allocation rate is based on actual costs
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