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1.
a.) Give an example of how to calculate a predetermined overhead rate.
b.) Using the calculated POHR in Q#1 above, show how to compute the total unit cost of a product, including direct material and direct labor.
2.
Give an example of how to compute the total cost for a job using a plantwide predetermined overhead rate.
Using the example of total job cost computed above, show how to compute the unit cost of a product.
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