Question: Company uses direct labor cost as a basis for computing its predetermined overhead rate, POHR. In computing the POHR for this year, the company misclassified

Company uses direct labor cost as a basis for computing its

predetermined overhead rate, POHR. In computing the POHR for this year, the

company misclassified a portion of direct labor cost as indirect labor. The

Company uses direct labor cost as a basis for computing its predetermined overhead rate, POHR. In computing the POHR for this year, the company misclassified a portion of direct labor cost as indirect labor. The effect of this misclassification will be to: Understate the POHR Overstate the POHR C) Have no effect on the POHR D) Cannot be determined from the information given

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