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Manson Manufacturing applies manufacturing overhead at a rate of $30 per direct labour hour
a)when during the year was this rate computed
b)Describe briefly how this rate was computed
c) Identify the shortcoming of this rate that will cause overhead applied during the period differ from the actual overhead costs incurred during the period
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Cost sheet is a declaration of cost for a product for given period of time.
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What are the dependent and independent variables in Cost Accounting??
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