The rate established at the beginning of a period that uses estimated overhead and an allocation factor such as estimated direct labor, and that is used to assign overhead cost to jobs, is the:
A. Miscellaneous overhead rate.
B. Overhead variance rate.
C. Estimated labor cost rate.
D. Chargeable overhead rate.
E. Predetermined overhead rate.
Answer: E
Business
You might also like to view...
The waterfall approach is a business-driven enterprise architecture that supports integrating a business as linked, repeatable activities, tasks, or services.
Answer the following statement true (T) or false (F)
Business
Differentiate between routing and scheduling.
What will be an ideal response?
Business
What is the importance of consistency in the design of web pages?
Business
What are the three universal human requirements identified in the Schwartz Value Survey as to the nature of the relationship between the individual and the group?
What will be an ideal response?
Business