1 Discuss Predetermined Overhead Rate and how it is applied to determine product cost. Identify 3 common manufacturing activities and indicate the best "cost driver" to measure the respective activity costs to the cost object (product/job).

2 If you run a food truck selling hamburgers: A) identify the cost object of your business; B) identify 2 examples of direct costs and 2 examples of indirect costs of your business and explain why those costs are direct and indirect costs respectively.