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Why underapplied overhead is not usually required

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Reference no: EM132548330

Question 1: Underapplied and overapplied overhead is not usually required to be adjusted in service costing systems. Why?

  1. It is immaterial.
  2. The costing system is not integrated with the accounting system.
  3. Underapplied and overapplied overhead has no impact on decision making.
  4. It does not affect the accuracy of the service costs.

Reference no: EM132548330

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