iii - 4-14 A company might use budgeted costs rather than...

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(iii) Year-end write-off to Cost of Goods Sold. (iv) Restatement of all overhead entries using actual indirect cost rates rather than budgeted indirect cost rates.
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Unformatted text preview: 4-14 A company might use budgeted costs rather than actual costs to compute direct labor rates because it may be difficult to trace direct...
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