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    Managerial Accounting Study Set 8
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    Exam 3: Job Costing
  5. Question
    Service Firms Develop a Predetermined Rate for Some Costs
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Service Firms Develop a Predetermined Rate for Some Costs

Question 16

Question 16

Multiple Choice

Service firms develop a predetermined rate for some costs. This rate is called the


A) labor rate.
B) direct cost rate.
C) indirect cost allocation rate.
D) hourly cost rate.

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