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Why is factory overhead applied to products and jobs by manufacturing companies? It allows managers more timely determination of product costs during the manufacturing process

Why is factory overhead "applied" to products and jobs by manufacturing companies?

It allows managers more timely determination of product costs during the manufacturing process

Managers prefer job costs to be exact in amount for budgeting purposes

Actual overhead costs can never be accurately determined for jobs

It provides a more accurate cost of the job or products being processed

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