what's the difference between overhead rate and charge?


what's the difference between overhead rate and charge? Question 2 Nadia, JOhn, Saba and Kumar are working together...
QUESTION 1 Not complete Marked out of 9.00 Flag question Calculate and Use Overhead Rate Selected data for the consulting department of Austin Consulting, Inc., follow. Estimated consulting overhead cost for the year $594,000 Estimated direct labor cost for the year( $9/hr.) 270,000 Actual manufacturing overhead cost for January35,200 Actual direct labor cost for January (1,200 hours) 24,200 Assuming that direct labor cost is the basis for applying consulting overhead a. Calculate the predetermined overhead rate. b. Prepare a journal...