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    pamzah's Avatar
    pamzah Posts: 1, Reputation: 1
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    #1

    Apr 12, 2010, 11:55 PM
    Meaning of a predetermined manufacturing overhead rate applied in job order costing
    Define and explain the relationship.
    ROLCAM's Avatar
    ROLCAM Posts: 1,420, Reputation: 23
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    #2

    Apr 13, 2010, 12:56 AM

    In a manufacturing situation
    Overhead rates are predetermined on some or more than one formula.
    The relationships are mainly with the materials and /or the labour
    Involved in job order costing.
    The overhead rate is applied together with the prime expenses
    To obtain a total cost.

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