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Vera_Pavlovna [14]
1 year ago
13

When using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to?

Business
1 answer:
Dmitriy789 [7]1 year ago
8 0

When using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to ending inventory.

Production is the process of combining diverse material and immaterial inputs to create a consumable good or service. It is the process of producing something of worth, goods, or assistance that benefits a person.

Manufacturing is the process of creating items or goods out of components or raw materials. To put it another way, manufacturing employs inputs to produce outputs fit for consumption, i.e., things or products that are valuable to the consumer or end-user. The creation of furniture is an illustration of production. Harvesting corn for food is an illustration of production. Corn production is an illustration of production.

To know more about Production refer to:  brainly.com/question/14293417

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The formula for percent discount value after n years at the rate r is given by 
pdv=fv/(1+r)^n 
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here only fixed value is given to us so we will calculate the discounted value for coming 10 years 
after  
year 1=943.4
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Which of the following statements are true concerning the predetermined overhead rate when the direct labor-hour requirement for
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The predetermined overhead rate refers to an allocation rate which is used in applying the estimated manufacturing overhead cost to the cost objects for a particular reporting period.

When there's reduction in the direct labor-hour requirement from 5 hours to 2 hours, the predetermined overhead rate increased because the total direct labor-hours dropped

The predetermined overhead rate is calculated as the total overhead cost divided by the machine hour. Therefore, if there's reduction in the direct labor hour rate, then there will be a rise in the predetermined overhead rate.

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