The predetermined overhead rate is usually calculated at the
A)end of each month.
B)beginning of each month.
C)beginning of the year.
D)end of the year.

Question

Quizplus · Accepted Answer

The predetermined overhead rate is calculated by estimating total overhead costs for the upcoming year and dividing by an estimated level of activity. This calculation is typically performed at the beginning of the year, before any actual costs or activities have occurred.

The Predetermined Overhead Rate Is Usually Calculated at the