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Which of the following statements is not correct concerning multiple overhead rate systems? a) a multiple overhead rate system is more complex than a system based on a single plantwide overhead rate. b) a multiple overhead rate system is usually more accurate than a system based on a single plantwide overhead rate. c) a company may choose to create a separate overhead rate for each of its production departments d) in departments that are relatively labor-intensive, their overhead costs should be applied to jobs based on machine-hours rather than on direct labor-hours.
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Which of the following statements is not correct concerning multiple overhead rate systems? a) a mu...
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