Find Pk+1 for the Given Pk $P _ { k } = \frac { 6 } { k ( k + 1 ) }$

question 27

Multiple Choice

Find Pk+1 for the given Pk. $P _ { k } = \frac { 6 } { k ( k + 1 ) }$

• A) \(P _ { k + 1 } = \frac { 6 } { k ( k + 1 ) } + 1\)
• B) \(P _ { k + 1 } = \frac { 6 } { k ( k + 1 ) } + \frac { 6 } { ( k + 1 ) ( k + 2 ) }\)
• C) \(P _ { k + 1 } = \frac { 6 } { ( k + 1 ) ( k + 2 ) }\)
• D) \(P _ { k + 1 } = \frac { 6 } { k ( k + 2 ) }\)
• E) \(P _ { k + 1 } = \frac { 36 } { ( k + 1 ) ( k + 2 ) }\)

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Definitions:

Predetermined Overhead Rate

calculates an estimated overhead cost per unit of activity, aiding in assigning indirect costs to products or services.

Plantwide Predetermined Overhead Rate

A single overhead rate calculated for an entire manufacturing plant, applied to all units produced irrespective of department or product differences.

Job-Order Costing System

A cost accounting system that assigns costs to specific production batches or jobs, useful for customized orders.

Direct Labor-Hours

The amount of labor time consumed by workers who are directly engaged in the manufacturing of products, serving as a critical factor in costing and production planning.