Explain to the best of your knowledge one or more of the following items: 1- Predetermined Overhead rate . Please writ the formula 2- Under -applied Overhead . please write the entry 3- Over-applied Overhead. please write the entry 4- What is the difference between Applied manufacturing overhead and Actual  manufacturing overhead 5- Equivalent unit 6- What is the formula for Cost per equivalent. 7- Production Report

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Sure lets break down each of these items Predetermined Overhead Rate The predetermined overhead rate is a predetermined amount set by a company to all... View the full answer