Question: 2 - 7 Explain why some production costs must be assigned to products through an allocation process. 2 - 8 Why do companies use predetermined

2-7 Explain why some production costs must be assigned to products through an allocation process.
2-8 Why do companies use predetermined overhead rates rather than actual manufacturing overhead costs to apply overhead to jobs?
3-2
What account is credited when overhead cost is applied to Work in Process?
Would you expect the amount of overhead applied for a period to equal the actual
3-3 What is underapplied overhead? Overapplied overhead? What disposition is made of these amounts at the end of the period?

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