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The predetermined overhead rate per DLH under the traditional costing system is closest to:
A) $270.66.
B) $21.60.
C) $37.46.
D) $13.17.
Direct Labour-Hours
The total hours worked by employees that can be directly attributed to the production of goods or services.
Overhead Activity
Activities that incur indirect costs, not directly traceable to a product or service but necessary for the production process or service delivery.
Estimated Overhead
An approximation of the expected costs related to manufacturing overhead for a specific period, used for budgeting and costing purposes.
- Define activity rates and apportion overhead costs to products through the ABC approach.
- Derive the per unit costs through the use of Activity-Based Costing and standard costing systems.
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Learning Objectives
- Define activity rates and apportion overhead costs to products through the ABC approach.
- Derive the per unit costs through the use of Activity-Based Costing and standard costing systems.
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