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The loan department of Calgary Bank uses standard coats to determine the overhead cost of processing loan application. During the current month, a fire occurred,

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The loan department of Calgary Bank uses standard coats to determine the overhead cost of processing loan application. During the current month, a fire occurred, and the accounting records for the department were mostly destroyed The following data were salvaged from the ashes. Determine the following. Total actual overhead cost Actual variable overhead cost Variable overhead costs applied Fixed overhead costs applied Overhead volume variance Determine how many loans were processed

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