The Median of 600,800,1000,1200 Is

question 122

Multiple Choice

The median of 600,800,1000,1200 is

• A)800
• B)1000
• C)900
• D)950

Calculate predetermined overhead rates and understand how these rates are used in allocating manufacturing overhead to products or jobs.

Determine the actual manufacturing overhead and compare it with applied overhead to find underapplied or overapplied overhead.

Learn how to close out any underapplied or overapplied manufacturing overhead to Cost of Goods Sold (COGS) or other accounts as appropriate.

Understand the role of T-accounts in tracking and summarizing transactions related to manufacturing costs including direct materials, direct labor, and manufacturing overhead.