Which of the following is the formula to compute the predetermined factory overhead rate?

Question

Quizplus · Accepted Answer

The predetermined factory overhead rate is calculated by dividing the estimated total factory overhead costs by the estimated activity base. This rate is used to allocate overhead costs to products or job orders based on the estimated costs and activity levels, rather than actual figures, to ensure consistency and simplicity in costing throughout the accounting period.

Which of the Following Is the Formula to Compute the Predetermined