Would like to understand where is the allocation base, labour-hour rate ? The question said we
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Question:
Would like to understand where is the allocation base, " labour-hour rate "? The question said we have to use labour-hour rate as allocation base.
Isn't it different from labour-hour?
Why the answer just use the allocation base, "labour-hour" to compute Budgeted OH rate?
Is "Manufacturing Overhead Allocated" an Asset contra account? Manufacturing Overhead an Asset account?
Thank you for your time.
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Related Book For
Corporate Finance A Focused Approach
ISBN: 978-1305637108
6th edition
Authors: Michael C. Ehrhardt, Eugene F. Brigham
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