What is overhead application rate, Accounting Basics

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What is overhead application rate

X company uses a FIFO inventory system. the actual cost of direct materials and direct labor is used to value labor and to value the inventories. manufacturing oherhead is applied at a predetermined rate per ton of cable used.

Estimated overhead dollars $360000
Estimated tons of cables 9000 tons
what is Overhead application rate ?

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Accounting Basics: What is overhead application rate

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Accounting Basics: What is overhead application rate

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Recent Questions Asked Accounting Basics

Q : Determine the minimum force required to initiate motion

Q : Determine the work done on the capacitor

Q : How to koko company produces lamps

Q : Calculate the speed at launch

Q : What is overhead application rate

Q : Compute the astm grain size number for this alloy

Q : How much of the joint costs will be allocated to turpentine

Q : How far above the cliff edge would the pellet have gone

Q : Average operating assets last year

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Ask an Expert for Answer!!

Accounting Basics: What is overhead application rate

Reference No:- TGS0716515

Recent Questions Asked Accounting Basics

Q : Determine the minimum force required to initiate motion

Q : Determine the work done on the capacitor

Q : How to koko company produces lamps

Q : Calculate the speed at launch

Q : What is overhead application rate

Q : Compute the astm grain size number for this alloy

Q : How much of the joint costs will be allocated to turpentine

Q : How far above the cliff edge would the pellet have gone

Q : Average operating assets last year

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