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Which of the following is not true?

  • Overhead costing accuracy is improved by the use of multiple departmental rates rather than a single overhead rate.
  • The departmental overhead method assigns overhead on the basis of volume-related measures.
  • The departmental overhead rate method is more costly to implement than the traditional overhead rate method.
  • The departmental overhead rate method is more refined than the plantwide overhead rate method.
  • The departmental overhead rate method does not assign overhead on the basis of volume-related measures.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9968191

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