Why do some companies prefer to use predetermined overhead rates instead of waiting for the actual rates?
Question:
Why do some companies prefer to use predetermined overhead rates instead of waiting for the actual rates? Give three reasons.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
First some manufacturing overhead costs are not known at the time unit...View the full answer
Answered By
Lilian Nyambura
Hi, am Lilian Nyambura, With extensive experience in the writing industry, I am the best fit for your writing projects. I am currently pursuing a B.A. in Business Administration. With over 5 years of experience, I can comfortably say I am good in article writing, editing and proofreading, academic writing, resumes and cover letters. I have good command over English grammar, English Basic Skills, English Spelling, English Vocabulary, U.S. English Sentence Structure, U.K. or U.S. English Punctuation and other grammar related topics. Let me help you with all your essays, assignments, projects, dissertations, online exams and other related tasks. Quality is my goal.
4.80+
378+ Reviews
750+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Why do companies use predetermined overhead rates rather than actual manufacturing overhead costs to apply overhead to jobs?
-
Why do some companies use a special payroll bank account?
-
Why do some companies in a given industry, like eCourier above, adopt and deploy innovative technologies while others in the same line of business do not? Break into small groups with your classmates...
-
Ancient Indians did not believe in war and violence when it came it an expansion of political territory but relied on peaceful negotiation and strategy. Please explain your views on this quote with...
-
Obtain the Laplace transform of the function plotted in Figure f(t)
-
Construct all random samples consisting two observations from the given data. You are asked to guess the average weight of the six watermelons by taking a random sample without replacement from the...
-
Juliette Shulof Furs (JSF) was a New York corporation that had been in the fur-dealing business for 15 years. George Shulof, an officer of JSF, attended two auctions conducted by Finnish Fur Sales...
-
Inventoriable Costs in your audit of Garza Company, you find that a physical inventory on December 31, 2010, showed merchandise with a cost of $441,000 was on hand at that date. You also discover the...
-
The Relational Model and Logical Design (a) In the context of the relational data model, describe the following terms: (i) relation (ii) primary key (iii) foreign key (iv) null ...
-
Shem soft Software Technicians recently accepted a contract to develop an inventory management system for Chez and Company. Shem soft is required to complete the installation of the new inventory...
-
What is a period cost? Give three specific examples (not categories) that are not mentioned in the chapter.
-
Why do the equivalent units calculated for materials sometimes differ from the equivalent units calculated for conversion?
-
Draw a distribution that is approximately normal, with mean equal to 10 cm and variance equal to 360. On the same graph, draw the distribution of the means of samples taken from this distribution, if...
-
List the main four (4) risk treatment options.
-
Two birds are flying south for the winter. Bird 1 reaches its destination in 10 hours, while bird 2 reaches its destination in 8 hours. If bird 2 covers twice as much distance as bird 1, what is the...
-
5.1 A 0.30-kg object is thrown vertically from ground level and rises to a maximum height of 25 m. Calculate the initial kinetic energy of the object.
-
Light with intensity, I, produces a photoelectric emission, and the photoelectrons have a maximum kinetic energy of 5 . 0 eV . If the inensity of light is tripled, what is fhe maximum kinetic energy...
-
Humans remain cool due to sweating. The reason this works can be best explained by which of the properties of water?
-
An RLC series circuit has a resistance of R = 325 , an inductance L = 0.300 mH, and a capacitance C = 33.0 nF. (a) What is the resonant frequency? (b) If the capacitor breaks down for peak voltages...
-
After Theorem 1.5 we note that multiplying a row by 0 is not allowed because that could change a solution set. Give an example of a system with solution set S0 where after multiplying a row by 0 the...
-
PlayTime, Inc., is a leading manufacturer of sporting equipment. The company is in the process of evaluating the best use of its Plastics Division, which is currently manufacturing molded fishing...
-
Delta Aluminums management is considering eliminating product B, which has been showing a loss for several years. The companys annual income statement, in $000s, is as follows: Required a. Restate...
-
Ridley and Scott Mercantile operates two stores, one on Maple Avenue and the other on Fenner Road. Results for the month of May, which is representative of all months, are as follows: The following...
-
Why is research often considered as a process-and, not just an outcome? And what is research process? What do you think are major sources of research problems?
-
1. What are 5 challenges with implementing ERP systems? 2. Discuss main different features between SAP and Netsuite? 3. Name 3 companies who have been using SAP successfully and what benefits has...
-
Which environment impacts movement along the consumer pathway the most with customer pathway and customer environment?
Study smarter with the SolutionInn App