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Unformatted text preview: Problem: We need to know cost before end of year Solution: Guess what the O.H. Rate is and use that C.E. 5-1 Problem: Total Applied O.H. not equal to Actual Solution: Include variance in CoGS C.E. 5-2 What if different departments’ overhead was best determined by different allocation bases? C.E. 5-3 What if we have departmental data but decide it’s more accurate or cost effective to use a plant-wide POR? C.E. 5-4 How do we keep track of cost of individual units or jobs? C.E. 5-5 Job Cost Sheets Subsidiary Ledgers to WIP, FG, CoGS...
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- Spring '08
- Managerial Accounting, Bill of materials, allocation bases, Single Homogenous Product, Typical Allocation Bases