The rate established prior to the beginning of a period that - 10498

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Request Description

 

The rate established prior to the beginning of a period that relates estimated overhead to an allocation factor such as estimated direct labor, and that is used to assign overhead cost to jobs, is the:

 

Answer

 

 

Predetermined overhead allocation rate.

 

Overhead variance rate.

 

Estimated labor cost rate.

 

Chargeable overhead rate.

 

Miscellaneous overhead rate.

 

Solution Description

 

  1.  

 

The rate established prior to the beginning of a period that relates estimated overhead to an allocation factor such as estimated direct labor, and that is used to assign overhead cost to jobs, is the:

 

Answer