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castortr0y [4]
1 year ago
8

If the overhead rate is computed annually based on the actual costs and activity for the year, the manufacturing overhead assign

ed to any particular job can be computed as soon as the job is completed. True or false?.
Business
1 answer:
devlian [24]1 year ago
3 0

It is False that If the overhead rate is computed annually based on the actual costs and activity for the year, the manufacturing overhead assigned to any particular job can be computed as soon as the job is completed.

<h3>How to Calculate Overhead Costs?</h3>
  • List the costs.
  • Make a thorough account of all of your indirect business costs, including things like rent, taxes, utilities, office supplies, factory upkeep, etc.
  • Add the Administrative Fees
  • To get the overall overhead cost, add all the monthly overhead expenses. This is the sum of money required to operate your firm.
  • Calculate the Overhead Rate
  • The amount your company spends on producing goods or rendering services to clients is known as the overhead rate or overhead percentage. Divide the indirect costs by the direct costs, then multiply the result by 100 to get the overhead rate.
  • Compare to Sales
  • the cost of labor

To learn more about overhead cost from given link

brainly.com/question/25406806

#SPJ4

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