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What if budgeted manufacturing overhead is not equal to applied manufacturing overhead?
There is a variance.
What would a plantwide manufacturing overhead rate be assigned to?
what is plantwide manufacturing overhead
Is manufacturing overhead same as manufacturing cost?
No. Cost would include the cost of materials. Overhead would not.
What is the fixed manufacturing overhead budget variance equal to?
Fixed manufacturing overhead budget variance is?
Manufacturing overhead - fixed or variable cost?
Compute the actual and budgeted manufacturing overhead rate
What if budgeted manufacturing overhead is not equal to applied manufacturing overhead?
There is a variance.
What would a plantwide manufacturing overhead rate be assigned to?
what is plantwide manufacturing overhead
Is manufacturing overhead same as manufacturing cost?
No. Cost would include the cost of materials. Overhead would not.
Is depreciation manufacturing labor?
Depreciation is not a manufacturing labor rather it is manufacturing overhead as machines used in manufacturing is not part of labor rather it is part of overhead.
Manufacturing overhead - fixed or variable cost?
Compute the actual and budgeted manufacturing overhead rate
What is the fixed manufacturing overhead budget variance equal to?
Fixed manufacturing overhead budget variance is?
What is Applied manufacturing overhead?
what is factory overhead applied?
Manufacturing overhead is 20 direct labor is 45000 and direct materials are 53000 what is the manufacturing overhead?
20
A debit balance in the manufacturing overhead account at year end means?
It means you have incurred more actual manufacturing overhead costs than you have applied to your products (i.e., manufacturing overhead is underapplied).
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.
What is One potential cause of Total Manufacturing Overhead Variance?
If the estimated materials, labor or overhead costs allocated for a manufacturing order is different from the actual cost of the MO then the potential result is a Manufacturing Overhead Variance.
How do you calculate manufacturing overhead allocated?
To calculate manufacturing overhead allocated, first determine the total manufacturing overhead costs for the period, which can include indirect materials, indirect labor, and other overhead expenses. Next, select an appropriate allocation base, such as direct labor hours, machine hours, or units produced. Then, compute the overhead rate by dividing the total manufacturing overhead by the total units of the chosen allocation base. Finally, multiply the overhead rate by the actual amount of the allocation base used to determine the allocated manufacturing overhead.
