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Answer: A. company uses a predetermined overhead rate of $3.50 per direct labour hour,...

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Accounting

Answer:
A. company uses a predetermined overhead rate of $3.50 per direct labour hour, based on an estimate of 22,000 direct labour hours to be worked during the year. The actual direct labour hours in the year were 25,000 and the actual overhead cost was $90,000. Calculate the over/under applied manufacturing orechead.
Next pac
Explain the difference between the process cost system and job order cost system by answering the following questions:
a. When is it approprlate to use the process cost system (i.e.. for what types of products)?
b. When it it appropriate to use the job order cost system (i.e.. for what types of products)?
c. What does the process cost system calculate?
d. What does the job order cost system calculate?
Be sure to label your answers as a, b, c, and d.
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