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What is the difference between a departmental overhead absorption rate to a blanket wide overhead absorption rate?
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∙ 15y ago
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∙ 15y ago
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What is a blanket overhead absorption rate How will you differentiate between blanket overhead rate and other overhead absorption rate?
In Blanket Overhead Absorption Rate applied is the same however it may differ if a company follow Departmental method Or frther break - up method
Explain the difference between the overhead apportionment and overhead absorption?
If the cost can be tracked towards a cost object, then it is called overhead absorption. If the cost can not be tracked with respect to a specific cost center or cost object, then the entire cost is distributed to all the cost centers, based on the usage ratio. This is called Overhead apportionment. UdhayAnand AVB
Difference between blanket and overhead absortion rate?
The advantage of using blanket overhead absorption rate is that budgeting and costing become simpler. One disadvantage however is that it is harder to know which of the costs centers is consuming most of the money allocated.
What is difference between fixed overhead and variable overhead?
The difference between fixed overhead and variable overhead is that fixed overheads are the ones that do not change regardless and variable overheads are the ones that vary depending on the number of units that it produces. An example of fixed overhead is a managers salary.
What is the difference between absorption and scattering?
your mom is the answer to this question
Difference between flyover and overhead bridge?
Boxgirder bridge
What is difference between overhead valve engine and overhead cam engine?
Mainly, the difference is that in an overhead cam engine, the camshaft is mounted on the head of the engine, and the valves are still overhead, in an overhead valve engine (sometimes called a "pushrod motor"), the camshaft is in the crankcase.
Difference between absorption and marginal costing?
marginal costing is recommended by IAS and absorption costing is not recommended by IAS,marginal costing is used for internal purposes and absorption costing is ysed for external purposes,in marginal costing the fixed production overheads are not calculated as a product cost and in absorption costing the fixed prodution overheads are calculated as product cost.
If actual overhead for the year is 33451 and applied overhead is 32000 is the overhead variance over applied or under applied assuming the amount is immaterial how would you dispose of the variance?
Difference between actual overhead and applied overhead is as follows: Difference = 33451 - 32000 = 1450 Difference of variance will be charged to income statement.
What is the difference between intra departmental and inter departmental communication?
Interdepartmental communication is the process through which various departments send and receive messages between themselves.Intradepartmental Communication is a process through which the messages send and receive within the department.
What is the difference between absorption costing and direct costing?
Under absorption costing overheads are allocated to production based on predetermined overhead rates like machine hours, or direct labor hours etc while in direct costing overheads are allocated based on activity performed and relationship with production units.
What is difference between absorption and scrubbing process seems to be same but it is not anybody help me out?
I'll try to help you out: The difference between absorption and scrubbing process as regards what?? We don't know what you are talking about - not enough information!
