Joey just starting an accounting position specializing in cost allocations. He determined that in the...
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Accounting
Joey just starting an accounting position specializing in cost allocations. He determined that in the past, the predetermined overhead rate was only based on estimated fixed overhead costs, it did not include estimated variable overhead costs.
How does the omission of the variable overhead costs affect the perdetermined overhead rate?
How does the omission of the variable overhead costs affect the cost per unit?
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