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Prompt 1 - What are the major differences between a company using a (1) single plantwide factory overhead rate, (2) Multiple Production Department factory overhead

Prompt 1 - What are the major differences between a company using a (1) single plantwide factory overhead rate, (2) Multiple Production Department factory overhead rate, and (3) Activity-based-costing? If you were responsible for a company's financial records, which method would you use, and why?

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