In 100 words or fewer, explain why we use a predetermined overhead allocation rate instead of waiting

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In 100 words or fewer, explain why we use a predetermined overhead allocation rate instead of waiting to use the “real” rate. In your answer, explain how the rate works with the Manufacturing Overhead account.

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Jan 16, 2015 10:58 AM

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In 100 words or fewer, explain why we use a predetermined overhead allocation rate instead of waiting

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