chapter 4 (editing) Flashcards
1
Q
Plantwide Overhead rate method
A
the rate is determined by using volume related measures such as direct labor hours, direct labor cost dollars, or machine hours, which are readily available in most manufacturing settings
2
Q
plantwide overhead rate
A
total budgeted overhead cost / total budgeted direct labor hours
3
Q
overhead allocated to each product unit
A
plant wide overhead rate * direct labor hours per hour
4
Q
departmental overhead rate
A
total departmental overhead cost/ total units in departmental allocation base
5
Q
A
