which of the following is false pertaining to the use of a predetermined overhead rate? multiple choice…

which of the following is false pertaining to the use of a predetermined overhead rate? multiple choice estimates are used to calculate the rate. using this rate provides managers with up - to - date estimates of the costs of their processes during the period. a single allocation basis may fail to provide useful allocations for all production departments. the rate is prepared at the beginning of the period. the rate is used to apply overhead at the end of the accounting period.

which of the following is false pertaining to the use of a predetermined overhead rate? multiple choice estimates are used to calculate the rate. using this rate provides managers with up - to - date estimates of the costs of their processes during the period. a single allocation basis may fail to provide useful allocations for all production departments. the rate is prepared at the beginning of the period. the rate is used to apply overhead at the end of the accounting period.

Answer

Brief Explanations:

A predetermined overhead rate is calculated at the start of a period using estimates. It's used throughout the period to apply overhead, not just at the end. It helps managers estimate costs during the period and a single - allocation basis may have limitations.

Answer:

The rate is used to apply overhead at the end of the accounting period.