(Answered) 1 predetermined oh rate and actual oh true-up and under-

Accounting

1. Predetermined OH Rate and actual OH true-up, and Under- and over-applied (page 50)

The predetermined rate overhead rate for each segment is based on 90% of Direct materials. What is the actual overhead rate? Was it under- or over- applied? Please provide the coding that was used to correct the accrual account?

2. Contribution Margin per unit

Calculate and explain what it means in comparison to current year, prior year results and/or to industry standards, if data is available

3. Contribution Margin Ratio

Calculate and explain what it means in comparison to current year, prior year results and/or to industry standards, if data is available

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