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Mangal Murti Plastics Limited is currently using a traditional two-stage cost allocation system. In the...

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Accounting

Mangal Murti Plastics Limited is currently using a traditional two-stage cost allocation system. In the first stage, all factory overheads are allocated to two production departments, A and B, based on machine hours; while the second stage uses direct labor hours for absorption of these overheads to individual products Regular and Deluxe.

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