Miss Natalia

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About Miss Natalia

Levels Tought:
Elementary,High School,College,University

Expertise:
Accounting,Business & Finance See all
Accounting,Business & Finance,Calculus,Computer Science,Environmental science,Health & Medical Hide all
Teaching Since: Apr 2017
Last Sign in: 267 Weeks Ago
Questions Answered: 6064
Tutorials Posted: 6070

Education

  • Doctor of Education in Educational Leadership with a Specialization in Educational Technology
    Phoniex University
    Oct-1999 - Nov-2005

Experience

  • HR Executive
    a21, Inc.
    Nov-1998 - Dec-2005

Category > Business & Finance Posted 23 Jun 2017 My Price 10.00

What factors should be considered in selecting a base to be used in computing the predetermined overhead rate?

Accounting

Now that we have a better understanding of job costing, let’s take an example from our childhood entrepreneurial endeavors (running a lemonade stand or neighborhood lawn mowing services, making crafts to sell at a local crafts fair, babysitting, etc.). Imagine these products and services as businesses, in which you are the manager with several teenagers as your employees.

In your initial post, define the “jobs” in job costing. Explain how you would measure direct materials cost, direct labor cost, and compute predetermined overhead rates.

What are your actual manufacturing overhead costs, and why aren’t they traced to jobs, just as direct materials and direct labor are traced to jobs?

Give reasons why overhead might be under-applied or over-applied in a given year.

What factors should be considered in selecting a base to be used in computing the predetermined overhead rate? Why?

 

Answers

(14)
Status NEW Posted 23 Jun 2017 07:06 AM My Price 10.00

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