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    Business
  3. Study Set
    Cost Accounting Foundations and Evolutions
  4. Exam
    Exam 3: Predetermined Overhead Rates, Flexible Budgets, and Absorptionvariable Costing
  5. Question
    One Reason Annual Overhead Application Rates Are Used Is
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One Reason Annual Overhead Application Rates Are Used Is

Question 153

Question 153

Multiple Choice

One reason annual overhead application rates are used is


A) because of seasonal variability of overhead costs.
B) to help budget overhead costs.
C) to minimize the overhead cost assigned to products.
D) to maximize the overhead cost assigned to products.

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