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Why overhead might be under-applied in a given year

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Reference no: EM132225125

Question -

1. What factors should be considered in selecting a base to be used in computing the predetermined overhead rate?

2. Provide two reasons why overhead might be under-applied in a given year.

3. Would you make any adjustment to the overhead rate the following year? If so what would you do and why?

Reference no: EM132225125

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