Why Must Manufacturing Overhead Be Allocated? What Is the Predetermined

question 127

Essay

Why must manufacturing overhead be allocated? What is the predetermined overhead rate and how is it calculated?

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Definitions:

Drug-Free Workplace Act

A U.S. federal regulation requiring certain employers to work towards maintaining a workplace free of drugs and substance abuse through policies, programs, and sometimes testing.

Illegal Drugs

Substances whose production, sale, or possession is prohibited by law due to their potential for abuse or harm.

Civil Rights Act

An important act in the US that makes discrimination illegal on the grounds of someone's race, skin color, religious views, sex, or nationality.

Equal Opportunities

Policies and practices aimed at providing all individuals with fair chances to succeed, irrespective of gender, ethnicity, disability, or other factors.