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An Assumption of Two-Way ANOVA Is That the Sample Cell

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An assumption of two-way ANOVA is that the sample cell variances are equal.

Understand the principles of absorption costing and how overhead is applied to products.
Recognize the implications of changes in production targets on cost allocation and product pricing.
Identify the impact of over-applied and under-applied overhead on financial statements.
Understand how changes in production technologies or methods might affect the cost allocation process.

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