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Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to five separate activity pools. The budgeted activity cost and activity base data by product are provided below.
-Given the following information, determine the activity rate for setups.
Adjustments
Entries made in journal accounts at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.
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