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Accounting
Medium
// ID #1039

An allocation approach, in which all the overhead entries are restated using actual cost rates in place of budgeted rates is called ___________?

A unadjusted budget rate approach
B adjusted allocation rate approach ✓
C unadjusted allocation rate approach
D adjusted budget rate approach
← Previous Question If an actual indirect cost incurred is $25000 and the indirect cost allocated is $23000, then the over allocated indirect cost would be ________? Next Question → In normal costing, the manufacturing overhead allocated is also called _________?
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