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erica [24]
3 years ago
7

TP4.

Business
1 answer:
timofeeve [1]3 years ago
7 0

Answer:

There would be no under-applied or over-applied overhead since the overhead applied will be equal to budgeted overhead.

Explanation:

Overhead application rate is the ratio of budgeted overhead to budgeted activity level. Overhead applied is overhead application rate multiplied by actual activity level. Under/over-applied overhead is the difference between overhead applied and budgeted overhead.

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