Multiple Choice
Which of the following is an advantage of developing a predetermined overhead application rate?
A) Long-run fluctuations in volume of output are eliminated.
B) In a job order system,unit costs can be determined only at the end of the period.
C) The overhead application rate facilitates assigning overhead costs to the ending inventory of work in process.
D) Actual overhead will always be less than applied overhead.
Correct Answer:
Verified
Correct Answer:
Verified
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