Homework Answers
The correct Answer is If a job is not completed at year end, then no manufacturing overhead cost would be applied to that job when a predetermined overhead rate is used is FALSE
Because If a job is not completed at year end, then there will be some Manufacturing overhead cost would be applied to that job when a Predetermined overhead rate is used. In other words, Predetermined overhead rate is calculated Prior to the year in which it is used in allocating Manufacturing Overhead Costs Applied to that Jobs.
Formula is
| Predetermined Overhead Rate = |
Estimated Manufacturing Overhead cost ____________________ Estimated Total Allocation Base Units. |
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If a job is not completed at year end, then no manufacturing overhead cost would be...
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rate.
2. complete the job cost sheet for job alpha:
Direct materials
Direct labor
manufacturing overhead applied
total job cost
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