HEY SIR HOW ARE I HOPE YOU SAFE IN THIS PANDEMIC. SIR, I AM SENDING YOU MY ONE DISCUSSION BOARD HOMEWORK AND SIR IT'S JUST A SMALL REQUEST THAT THIS HOMEWORK IS DUE TONIGHT BEFORE 10 PM SO SIR PLEASE HELP ME AND ALSO SIR PLEASE MAKE SURE I DON'T GET THE PLAGIARISM IN THIS ASSIGNMENT JUST DON'T COPY PAST ANYTHING FROM DIRECTLY FROM INTERNET.

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Why do companies use a rate to allocate overhead rather than simply allocating actual overhead costs incurred during the month? What figure is used in the denominator of the formula to compute the application rate? How is this figure determined? What happens to the difference (if any) between the debit (actual) side of the overhead account and the credit (applied) side of the account? What exactly IS overhead?

I expect you to respond to the posted question with a minimum 300 word