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Which one of the following is NOT a function of a CPU?
Predetermined Overhead Rate
The rate estimated before the start of a period, used to allocate manufacturing overhead costs to products based on a chosen activity base.
Factory Payroll
The total wages, salaries, and benefits paid to employees working in a manufacturing facility during a specific period.
Underapplied Overhead
Underapplied overhead occurs when the allocated manufacturing overhead costs are less than the actual overhead costs incurred.
Overapplied Overhead
A situation where the allocated manufacturing overhead cost is more than the actual overhead costs incurred.
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