Manufacturers follow four steps to implement a manufacturing overhead allocation system. The last step is to calculate a manufacturing overhead rate.

Name: Manufacturers follow four steps to implement a manufacturing overhead allocation system. The last step is to calculate a manufacturing overhead rate.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

The last step is actually to allocate the manufacturing overhead to products or job orders based on the calculated overhead rate; calculating the overhead rate is a step, but not the last one.

Manufacturers Follow Four Steps to Implement a Manufacturing Overhead Allocation