Predetermined Overhead Rates – LO 2-1

Regarding the cost formula (Y = a + bX) used to estimate total manufacturing overhead cost, the letter “a” refers to

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  • Search Terms: variable (y + - -: = ________. total a allocation amount base base total bx) compute cost cost total estimate estimated fixed for formula given is letter lo manufacturing of overhead per period, predetermined rate. in rates refers that the to total unit used “a”
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