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I am the management accounting lecturer, please say your names, or I will start further investigation of plagiarism.
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What are the advantages and disadvantages of overhead costing?
The advantages are that you will be able to get more things for the business. The disadvantages are that they are a lot of costs.
Disadvantages of using predetermined overhead absorption rates?
One disadvantage to using a predetermine overhead absorption rate is the fact that the rate may be too much for any particular product. If this happens, then the price of the product will be too much.
What are the three overhead absorption rates?
As far as I know there is only an overhead absorption rate and a full absorption rate. The alternative being marginal costing. There are 3 methods of absorption costing. These being Activity, Time and Efficiency but I'm not sure what you are asking exactly.
Why is it considered preferable to use a separate overhead absorption rate opposed to one overall rate for all departments?
Since costs are different from all products assigning overhead absorption rates will impact the price of the products. A specific rate for each product will help the company compete within the industry.
What is combined overhead variance?
Combined overhead variance = fixed overhead variance + variable overhead varianceFixed Overhead :which remains fixed and donot change upto certain level of productionVariable Overhead: which keep changing with the change in production units.
What are the advantages of using predetermined overhead rates?
The benefits of using predetermined overhead rates is that budgeting and allocation of cash flows become easier. It also helps the firm to conserve resources to stay within a budget.
What are departmental overhead rates?
Departmental overhead rates are an expense assigned to products associated with a particular department. Overhead rates help businesses remain within the boundaries of a budget.
Is companywide one word or two?
It is one word.
What are the advantages and disadvantages of overhead costing?
The advantages are that you will be able to get more things for the business. The disadvantages are that they are a lot of costs.
What tax advantages regarding interest rates?
The tax advantages regarding interest rates is that there are tax deductions for the interests payable. This would translate to repayment of lower interest rates.
It is better to use multiple overhead rates compared to single rate in overhead absorption Discuss statement?
hope u all can help me about this question
What are the benefits of overhead garage doors?
My garage door is not functioning anymore and I would like to get an overhead garage door. What are the advantages of using such a configuration?
Departmental overhead absorption rate?
The benefit of determining overhead absorption rates, according to departments is that it is usually hard to pin certain overhead costs to specific products. It is better for each department to relate to a certain overhead than a specific product.
How is predetermined overhead rates useful in costing?
It allows you to forecast future costs needed to do business.
What are the advantages of using presentation software?
You don't need a slide projector or an overhead projector.
What are the advantages of an overhead camshaft valve operating mechanism compared to the side camshaft with overhead valves?
Fewer moving valve train parts such as the push rods.
What does overhead mean in regards to accounting?
It is to describe costs of running a business ,e.g. rent rates and salaries
