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When computing the predetermined manufacturing overhead rate, which amount below is most likely used in the numerator?
Prototype
A preliminary version, prototype, or iteration of a product developed to evaluate a concept or process, or to serve as an example for replication or educational purposes.
Capital
Financial assets or resources that businesses use to fund their operations and growth, including equity, debt, and other financial instruments.
Exit Strategies
Plans developed by a business or investor to sell, liquidate, or otherwise exit their position in an investment at an appropriate time.
Due Diligence
The investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or transaction with another party.
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