The predetermined overhead rate

The predetermined overhead rate - . The company may state...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
The predetermined overhead rate The predetermined overhead rate is based on the relationship between estimated annual overhead costs and expected annual operating activity, expressed in terms of a common activity base
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: . The company may state the activity in terms of direct labor costs, direct labor hours, machine hours, or any other measure that will provide an equitable basis for applying overhead costs to jobs....
View Full Document

Ask a homework question - tutors are online