Why do some companies prefer to use predetermined overhead rates instead of waiting for the actual rates?

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Why do some companies prefer to use predetermined overhead rates instead of waiting for the actual rates? Give three reasons.

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Managerial Accounting

ISBN: 9781119577669

4th Edition

Authors: Charles E. Davis, Elizabeth Davis

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Question Posted: May 04, 2021 02:52 AM

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Why do some companies prefer to use predetermined overhead rates instead of waiting for the actual rates?

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First some manufacturing overhead costs are not known at the time unit...View the full answer

Managerial Accounting

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