Question

The predetermined overhead rate is calculated ______. Multiple choice question. as soon as actual overhead is known as the period progresses before the period begins after the period is over

Answer 1

It should be noted that  predetermined overhead rate is calculated before the period begins.

What is overhead rate?

The overhead rate  can be regarded as the cost that is been allocated to the production of a product or service.

This overhead rate is usually calculated before the period begins.

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