FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Please answer the bottom half. Question 2. The chart one please and please be accurate.
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Step 1
Manufacturing overhead means the expense incurred in factory which is not directly linked with production but indirectly related with it . For example , gate keeper salary etc.
Manufacturing overhead is absorbed on some predetermined basis and then compare it with actual manufacturing overhead incurred.
Over or under applied manufacturing overhead will be written off in some predetermined manner.
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