0
What else can I help you with?
What is the Difference between actual overhead costs and overhead costs applied?
The Actual overhead is calculated throughout the Production cycle for indirect cost associated to the production and the overhead costs applied is based on the fixed rate assigned against the machine or labour hours to be calculated for the difference b/w two are called under or over applied.
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.
How do you determine the overhead rate when applying overhead costs?
Using direct labor hours: Overhead rate = Total Overhead Expenses /Direct labor hours Using Machine hours: Overhead rate = Total Overhead Expenses /Machine hours
What the meaning of blanket overhead rate?
Blanket overhead rate is the computation of a single overhead rate for one whole factory. Overhead rate is the percentage you get when comparing total overhead expenses to total expenses.
Applied overhead vs actual overhead?
APPLIED Overhead is computed using the predetermined overhead rate and is the amount of costs applied (or estimated) to be allocated (needed) for specific jobs. ACTUAL Overhead is found after the manufacturing process is complete which gives the actual amount of used/consumed resources (or total costs) that it needed to complete the job. The two amounts can then be compared afterward which is known as Under- or Overapplied Manufacturing Overhead. When Manufacturing Overhead has a DEBIT balance, overhead is said to be UNDERAPPLIED, meaning that the overhead applied to work in process or to the certain job is LESS than the overhead incurred. On the contrary, when manufacturing overhead has a CREDIT balance, overhead is OVERAPPLIED, meaning that the overhead assigned to work in process or to the certain job is GREATER than the overhead incurred.
What are the lines made of after a plane passes overhead?
Water vapor; they are basically artificial clouds formed by the wings.=======================They are called con trails.
Why isn't the sun overhead at noon in Texas?
It never is overhead at noon because Texas is not in the northernmost point where the sun passes directly overhead at noon.
What are the ceilings on a ship called?
The "overhead"
What is the name of the four basketball passes?
Bounce. Chest. Overhead. There's only 3.
What are all the different Basketball passes?
Chest pass, overhead pass, bounce pass, baseball pass
The point in the sky which is directly overhead is called the?
its called the Zenith
Does the hubble telescope reflect light?
Yes. The Hubble Space Telescope is frequently visible in the evening skies as it passes overhead.
What are overhead rails called?
crossword answer? ELS
What is the overhead part of a room called?
ceiling
What is a curved overhead span called?
Arch
What imaginary line passes through Botswana?
The Tropic of Capricorn passes through Botswana.
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.
