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The Barnum effect is found when
Predetermined Overhead Rate
A rate calculated at the beginning of an accounting period, used to allocate overhead costs to products or job orders based on a certain activity.
Customizing Department
A specialized division within a company dedicated to tailoring products or services to individual customer specifications or preferences.
Job-Order Costing System
A costing system that accumulates costs individually for each job.
Direct Labor-Hours
The cumulative hours put in by workers directly engaged in the process of manufacturing or in delivering services.
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