Discuss why and how overhead costs are allocated to products and services. What might cause overapplied and underapplied

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answerhappygod
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Discuss why and how overhead costs are allocated to products and services. What might cause overapplied and underapplied

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Discuss why and how overhead costs are allocated to products and
services. What might cause overapplied and underapplied overhead?
How might a manager treat this issue within their organization at
the end of a specific period? Discuss the importance and/or issues
with using flexible budgets to set predetermined overhead costs.
Finally, why would an organization use least squares regression to
analyze mixed costs?
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