Unformatted text preview: completed jobs and cost of goods sold. 13. I don’t agree Mel Finney because as a whole manufacturing overhead relates to the production operations. Stating that the overhead costs can’t be assigned to specific jobs on the basis of actual costs incurred. Rather, through the use of a predetermined overhead rate, companies assign manufacturing overhead to work in process and specific jobs on an estimated basis....
View Full Document
- Spring '08
- Managerial Accounting, Managerial Accounting Chapter, Mel Finney