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17 April, 22:23

The unit of product is the cost object when the plantwide overhead rate method is used.

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  1. 17 April, 22:44
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    The plantwide overhead rate method means using overhead rate to allocate costs to products and includes indirect costs (overhead cost) to cost allocation base (single plantwide overhead rate) to cost objects (products 1-3).

    The statement that the unit of product is the cost object when the plantwide overhead rate method is used is true.
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