Product Costing 2

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BSNS115
Sophia Lynch
FlashCards por Sophia Lynch, atualizado more than 1 year ago
Sophia Lynch
Criado por Sophia Lynch aproximadamente 4 anos atrás
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Resumo de Recurso

Questão Responda
What does CAB stand for? Cost Allocation Base.
What does POAR stand for? Predetermined Overhead Allocation Rate
How do you work out the POAR? budget OH/budget CAB
How do you allocate the OH? MOH POAR x AQ of CAB
What is the OH variance? Difference between Actual Cost of OH & Applied/Allocated.
OH will most likely be what? Over or under applied.
What does MOH stand for? Manufacturing Overhead
How do you work out product cost? Total Manufacturing Costs/Units Produced
What will the finished goods Inventory in the balance sheet = ? Product Cost x Units Unsold

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