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Question 1 Study the information given below and answer the following questions: 1.1 Prepare the Overhead Allocation Statement. (16 marks) 1.2 Calculate the overhead

Question 1 Study the information given below and answer the following questions: 1.1 Prepare the Overhead Allocation Statement. (16 marks) 1.2 Calculate the overhead allocation rate (expressed to the nearest cent) for Production Department (2 marks) A. 1.3 Calculate the overheads applied to each unit of the product from Production Department A. (2 marks)

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