How to determine and use the predetermined overhead rate


Assignment

Ch. 15: Job Order Costing

1. What are the main differences between job, process, and activity-based costing?
2. Distinguish between under- and over applied manufacturing overhead.
3. What does a job cost sheet consist of?
4. How to determine and use the predetermined overhead rate?

Ch. 16: Process Costing

5. How is manufacturing overhead calculated in each of the costing methods?
6. How are variances identified?

Ch. 17: Activity-Based Costing

7. How might each of the costing methods be used in managerial decision-making?
8. What is the difference between traditional costing and activity-based costing?

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Operation Management: How to determine and use the predetermined overhead rate
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