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irga5000 [103]
3 years ago
11

The formula for the predetermined overhead rate is estimated annual overhead costs divided by an expected annual operating activ

ity. a. true b. false
Business
1 answer:
MrRissso [65]3 years ago
6 0

Answer:

True

Explanation:

<em>Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rat</em>

<em>Under the traditional absorption costing system, overhead is assigned to units produced using different bases ranging from labour hours, machine hours, e.t.c</em>

Overhead absorption rate = Estimated overhead/Estimated Activity level

Answer : True

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The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general m
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Answer:

The correct answer is A. Quality is free.

Explanation:

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Answer:

Explanation:

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= Number of shares held × cash dividend per share

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As dividend is declared so we debited the cash dividend account and credited the dividend payable as it is a current liability

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