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Which of the following statements about management accounting is not true? Question 6 Not yet answered Marked out of 2.00 P Flag question O A.
Which of the following statements about management accounting is not true? Question 6 Not yet answered Marked out of 2.00 P Flag question O A. Considers both current and future information. O B. It draws data from wider sources than the transactional-based accounting system. O C. It is not subject to external regulations. OD. Emphasizes reliability and verifiability. Question 7 Not yet answered Marked out of 2.00 P Flag question Viva Company has annual budgeted machine hours of 16,000; budgeted direct labor hours of 35,000; budgeted direct labor cost of $480,000 and budgeted manufacturing overhead of $564,000. Actual manufacturing overhead costs for the month of June were $53,000 and the actual direct labor rate was $21.50 per hour. What is the firm's predetermined plantwide overhead rate, assuming that it uses machine hours as its overhead cost driver? O A. $30.00 per MH O B. $21.50 per DLH O C. $35.25 per MH OD. $13.71 per DLH
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