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Can someone please check if my answers are correct No additional context is provided, is all the possible choices correct? Fox Manufacturing applies manufacturing overhead
Can someone please check if my answers are correct
No additional context is provided, is all the possible choices correct?
Fox Manufacturing applies manufacturing overhead at a rate of $32 per machine hour. c. Identify the shortcomings of this rate that will cause overhead applied during the period to differ from the actual overhead costs incurred during the period. Note: You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect. Actual overhead is likely to differ from the estimated figure used to compute the application rate. Actual machine hours are likely to differ from the budgeted amount used to compute the application rate. Machine hours are not likely to be perfectly correlated with the incurrence of manufacturing overhead costs. Efficiency of labor is not taken into consideration. Cost of labor is not taken into consideration Required information [The following information applies to the questions displayed below.] Fox Manufacturing applies manufacturing overhead at a rate of $32 per machine hour. Identify the shortcomings of this rate that will cause overhead applied during the period to differ from the actuat overhead osts incurred during the period. Jote: You may select more than one answer. Single click the box with the question mark to produce a check mark for a orrect answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left vith a question mark will be automatically graded as incorrect. Actual overhead is likely to differ from the estimated tigure used to compute the application rate. Actual machine hours are likely to differ from the budgeted amount used to compute the application rate. Machine hours are not likely to be perfectly correlated with the incurrence of manufacturing overhead costs. Efficiency of labor is not taken into consideration Cost of labor is not taken into consideration Step by Step Solution
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