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April 18, 2014

Homework Help: accounting

Posted by Abby on Wednesday, September 28, 2011 at 10:44am.

Marks: 20 At the beginning of the fiscal year, ABC Clinic expected to treat 10,000 patients and estimated that it would incur $1,000,000 in overhead. At fiscal year end data indicated that the clinic only saw 9,000 patients and incurred overhead of $925,000.If the clinic used a predetermined overhead rate based on number of patients, how much overhead would have been attached (allocated) to patients?

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