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whats the difference between applied fix overhead and budgeted fix overhead? I get the comparison between actual fix and budgeted fix, but WHAT THE HELL is applied fix overhead lol I have my this sat night, I am pretty worried :okay: |
^ From doing questions from the text, I figured out that applied fix OH is; Standard DL hours allowed (or whatever the question says what the basis of MOH cost are) X Standard fixed OH But I'm not 100% correct me if I'm wrong. Any of you guys that have 254 on Sat going to be on campus today studying? |
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where you at? If you want to study together, I'm at the computer facility outside images |
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I think I did okay though :( ... I just got kinda confused and then flustered on two questions and had to leave one blank .... sigh. Physics sunday, prepare for that now .. hows everyone else feeling? |
FUUUUUUUUUUUUU Just spilled a full cup of coffee on my BUS 312 notes. Half a semester's worth of notes ruined. Now I'm really screwed :okay: |
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WENT TO MATH 154 EXAM W/O CALCULATOR :okay: that exam was theoretically so easy. too bad i forgot half the stuff during the test. fuck |
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Math157 was okay:thumbs: On the other hand, I'm pretty sure I failed my econ103 exam. Nothing like the MT or homework questions. Doing the first question, I was like :lawl::fuckyea: Then looking at the other 15 questions.. :suspicious::fulloffuck::fuuuuu::okay: pretty sure I did real bad. |
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Budgeted is the amount derived via material from chapter 9 (budgeting chapter). It's generally "how much you think fixed overhead will cost this year." This number will be given. Applied is in terms of how many cost driver it usually takes to make the thing times the predetermined overhead rate. So you have your overall fixed overhead budget and you divide it by the numbers of cost drivers this year; thus giving you a predetermined overhead rate. Since you have to value the work-in-process or finished goods at a specific amount, you will "apply" a cost based on your predetermined rate and how many cost drivers you think you used to make it. At the end of the year, what you "think it will cost overall [budgeted]," "what you think what you made cost [applied]" and "what it actually cost [actual]" will most likely be different. The difference between actual and applied gives you your over/underapplied fixed overhead rate. |
Anyone have a final in AQ3150 tomorrow? I was in there studying and got bored and looked up who has a final there tomorrow ... http://img855.imageshack.us/img855/1739/photoork.jpg |
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^you guys talking about CMNS 110? I finished in half an hour :fuckthatshit: |
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Your explanation was a lot better than what I had in mind :P |
Ugh that Econ 103 exam was brutal... At least he gave us 5 free marks from the first question lmao. Posted via RS Mobile |
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what did u get on paper? |
can somebody tutor me in Econ 103, i will pay, but only if the rates are affordable for a student! |
or if anyone knows an econ PRO. |
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