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Question content area top Part 1 Cooper Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of

Question content area top

Part 1

Cooper

Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of standard direct manufacturing labour-hours (DLH).

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The actual costs, compared with the annual budget and 1/12 of the annual budget, are as follows

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