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Which of the following equations is the definition of the predetermined overhead rate? a. Actual annual overhead/ Actual annual activity level b. Actual annual overhead

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Which of the following equations is the definition of the predetermined overhead rate? a. Actual annual overhead/ Actual annual activity level b. Actual annual overhead / Budgeted annual activity level c. Budgeted annual overhead / Actual annual activity level d. Budgeted annual overhead / Budgeted annual activity level e. none of the above

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