Question: 11 Using a volume-based overhead rate based on machine hours to assign manufacturing overhead to a product line that uses relatively few machine hours is

11 Using a volume-based overhead rate based on machine hours to assign manufacturing overhead to a product line that uses relatively few machine hours is likely to: 3 points Multiple Choice 8 68 Either over or under-apply overhead to the product line depending on many other factors Understate direct labor costs Overstate direct labor costs Overapply overhead to the product line

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