QQuestionAccounting
QuestionAccounting
"The predetermined overhead rate is usually calculated:
Question 9Select one:
a. at the end of each month
b. at the beginning of each month
c. at the beginning of the year
d. at the end of the year"
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Answer
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Step 1: Identify the correct time to calculate the predetermined overhead rate.
The predetermined overhead rate is typically calculated at a specific point in time to allocate manufacturing overhead costs to products for inventory costing purposes.
Step 2: Examine the options given in the question.
a. at the end of each month b. at the beginning of each month c. at the beginning of the year d. at the end of the year
Final Answer
The predetermined overhead rate is usually calculated at the beginning of each month.
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