Which of the following statements is incorrect? O A. The formula to arrive at the POHR...
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Which of the following statements is incorrect? O A. The formula to arrive at the POHR is total estimated manufacturing overhead divided by total estimated allocation base. B. IF MOH is overallocated to a job that has been sold, and the company calculates sales price by marking up job costs, the job will likely be overpriced. OC. If the over/underallocated MOH is fairly large and the majority of the units are unsold, the balance in MOH should be divided between WIP, FG, and COGS O D. To calculate the increase to WIP for allocated MOH costs, the POHR is multiplied by the expected amount of the allocation based used by the cost object. O E. "Number of units" is not typically an appropriate allocation base for MOH because the company's products do not consume equal overhead resources. Which of the following statements is incorrect? O A. The formula to arrive at the POHR is total estimated manufacturing overhead divided by total estimated allocation base. B. IF MOH is overallocated to a job that has been sold, and the company calculates sales price by marking up job costs, the job will likely be overpriced. OC. If the over/underallocated MOH is fairly large and the majority of the units are unsold, the balance in MOH should be divided between WIP, FG, and COGS O D. To calculate the increase to WIP for allocated MOH costs, the POHR is multiplied by the expected amount of the allocation based used by the cost object. O E. "Number of units" is not typically an appropriate allocation base for MOH because the company's products do not consume equal overhead resources.
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Answer D To calculate the increase in WIP for allocated MOH costs POHR is multiplied by the expe... View the full answer
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