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Factory overhead departmentalization in non-manufacturing business?
an accounting procedure
Factory overhead should be allocated on the basis of?
factory overhead should be allocated on basis of their apportiomen
What is factory Overhead applied?
what isfactory overhead applied
The difference between variable factory overhead incurred and total standard variable factory overhead based on the actual quantity of the cost driver for applying the overhead is the?
cheatFAIL
Is depreciation of factory plant and equipment a factory overhead cost?
YES
Factory overhead departmentalization in non-manufacturing business?
an accounting procedure
Factory overhead should be allocated on the basis of?
factory overhead should be allocated on basis of their apportiomen
What is Applied manufacturing overhead?
what is factory overhead applied?
What is factory Overhead applied?
what isfactory overhead applied
Is salary of factory manager a period cost?
Salary of factory manager is Manufacturing overhead. and Manufacturing overhead is Product costs. So, It's not period cost.
Why factory overhead cost is applied on production?
Factory overheads are incurred only and only due to production of the goods. That is why the factory overhead cost is applied to production.
The difference between variable factory overhead incurred and total standard variable factory overhead based on the actual quantity of the cost driver for applying the overhead is the?
cheatFAIL
Is factory manager's salary part of factory overhead cost?
yes
Is depreciation of factory plant and equipment a factory overhead cost?
YES
Is direct labor used as part of the factory overhead?
Direct labor is not part of factory overhead while indirect labor is part of overhead as these labor expenses could not be calculated directly like factory supervisor salary or line manager salary etc.
What is purpose of factory overhead applied and how this information can use by the cost accountant in minimum the cost of the product?
Factory overhead is what it costs to run the factory. The cost accountant can look at the cost of overhead to find ways to minimize it, resulting in the cost of the product being lower.
Is Factory Overhead on income statement?
yes factory overhead is part of income statement and shown in cost of goods sold statement as a product cost.
