Ask Question
19 January, 21:29

The plantwide overhead cost allocation rate is computed by dividing the estimated total manufacturing overhead costs by the estimated total quantity of the cost allocation base.

True or False?

+4
Answers (1)
  1. 19 January, 22:55
    0
    True

    Explanation:

    The plant wide overhead cost allocation rate is the rate that comes after dividing the estimated total manufacturing overhead by the total estimated cost allocation base i. e estimated machine hours or estimated machine labors

    In mathematically,

    Plant wide overhead cost allocation rate equals to

    = (Estimated total manufacturing overhead) : (Total estimated cost allocation rate)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The plantwide overhead cost allocation rate is computed by dividing the estimated total manufacturing overhead costs by the estimated total ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers