What is the role of materials requisition forms in a, Finance Basics

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What is the role of materials requisition forms in a

1. Suppose that you and a friend decide to set up a lawn mowing service next summer. Describe the source documents that you would need to account for your activities.

2. Why might a company decide to use departmental overhead rates instead of a plantwide overhead rate?

3. What is the role of materials requisition forms in a job-order costing system? Time tickets? Predetermined overhead rates?

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