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https://en.wikipedia.org/wiki/Pre-determined_overhead_rate
A pre-determined overhead rate is the rate used to apply manufacturing overhead to work-in-process inventory.The pre-determined overhead rate is calculated before the period begins. The first step is to estimate the amount of the activity base that will be required to support operations in the upcoming period. The second step is to estimate the total manufacturing cost at that level of activity.
https://brainmass.com/business/bcg-matrix/first-week-assignment-274657
3-25 Western Wood Products has two production departments: cutting and assembly, The company has been using a single predetermined cost driver rate based on plantwide direct labor hours. That is, the plantwide cost driver rate is computed by dividing plantwide support costs by total plantwide direct labor hours. ... Support Cost driver rate ...
https://bizfluent.com/how-6496667-calculate-cost-driver-rate.html
Jan 25, 2019 · The cost driver rate indicates the rate an activity's cost increases with the volume of activity. For instance, cost driver rate might show the ratio of money earned per product sold or cost per business service offered. This rate gives the business owner a baseline to help in determining the final price for his goods or services.
https://www.justanswer.com/homework/3z5t4-predetermined-support-cost-driver-rate-calculated-using.html
The only cost driver is machine hours. Using normal job order costing, the 2005 predetermined support cost driver rate is: a. $4.80 per machine hour b. $4.00 per machine hour c. $5.00 per machine hour d. $6.00 per machine hour Save Answer 12. (Points: 2) Use the …
https://www.coursehero.com/file/p7hqhb3/The-normal-cost-of-overhead-activities-includes-A-costs-of-resources-committed/
16) A predetermined manufacturing cost driver rate for the Machining Department based on the number of machine hours in that department is: For 2011, Steve's Plastics Manufacturing uses a normal job order costing system. The accounting records contain the following information: Estimated manufacturing overhead (overhead) costs $100,000 Actual manufacturing overhead costs $120,000 Estimated ...92%(109)
http://www.drtaccounting.com/2008/01/manufacturing-overhead.html
Jan 17, 2008 · Manufacturing costs are typically classified as either (1) direct materials, (2) direct labor, or (3) manufacturing overhead. Fixed manufacturing overhead costs present certain problems in determining product cost and operating profit (that is, profit before interest and income tax expenses).
https://www.accountingformanagement.org/predetermined-overhead-rate/
Predetermined overhead rate is used to apply manufacturing overhead to products or job orders and is usually computed at the beginning of each period by dividing the estimated manufacturing overhead cost by an allocation base (also known as activity base or activity driver).Commonly used allocation bases are direct labor hours, direct labor dollars, machine hours, and direct materials.
https://quizlet.com/223303726/chap-2-job-order-costing-calculating-unit-product-costs-flash-cards/
In the other word, allocation base in the predetermined overhead rate is the cost driver. If the base in the predetermined overhead rate does not "drive" overhead costs, it will not accurately measure the cost of overhead resources used by each job.
https://farhatlectures.com/job-order-costing-cma-exam-cpa-exam-bec/
A cost driver is a factor, such as machine-hours, beds occupied, computer time, or flight-hours, that causes overhead costs. If the base in the predetermined overhead rate does not “drive” overhead costs, product costs will be distorted.
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