c) Your accountant gathered data on overhead costs and direct labour-hours over the past 12 months....
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c) Your accountant gathered data on overhead costs and direct labour-hours over the past 12 months. Discuss the different approaches an accountant can use to estimate a cost function for overhead costs using direct labour-hours as the cost driver. [12 marks] c) Your accountant gathered data on overhead costs and direct labour-hours over the past 12 months. Discuss the different approaches an accountant can use to estimate a cost function for overhead costs using direct labour-hours as the cost driver. [12 marks]
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