Overallocated Manufacturing Overhead
Revision as of 13:09, 15 July 2020 by EshwaN (talk | contribs) (Created page with "Overallocated Manufacturing Overhead is the amount of manufacturing overhead allocated to jobs is more than the amount of manufacturing overhead costs actually incurred; r...")
Overallocated Manufacturing Overhead is the amount of manufacturing overhead allocated to jobs is more than the amount of manufacturing overhead costs actually incurred; results in jobs being overcosted.
Definitions
According to Managerial Accounting by Braun, Tietz (5th edition),
- Overallocated Manufacturing Overhead. The amount of manufacturing overhead allocated to jobs is more than the amount of manufacturing overhead costs actually incurred; results in jobs being overcosted.
