Calculate the overhead rate set at the beginning of the year


1.Calculate the overhead rate set at the beginning of the year.

2.Calculate the amount of over/underabsorbed overhead for the year.

3.The company's policy is to write off any over/underabsorbed overhead to cost of goods sold. Will net incomerise or fall this year when the over/underabsorbed overhead is written off to costof goods sold?  

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Other Subject: Calculate the overhead rate set at the beginning of the year
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