Question: A predetermined overhead application rate: Select one: a. Is used in a job order cost system but cannot be used in a process cost system.

A predetermined overhead application rate: Select one:

a. Is used in a job order cost system but cannot be used in a process cost system.

b. Can be determined by dividing budgeted direct labor cost by the budgeted factory overhead costs.

c. Is not generally accepted for financial reporting purposes.

d. Tends to avoid wide variations in per-unit overhead costs because of short-run changes in volume.

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