The United States Congress is made up of the House of Representatives and the Senate. Learn more about the powers of the Legislative Branch of the federal government of the United States.
Intermediate calculations are all of the calculations you make up until your final answer. So if one of the steps was 3/4 = .75 and then you had to multiply it by 17, you would leave it as .75 and multiply that by 17 giving you 12.75. If 12.75 was what you got for the very last step then you would round that to 13 as it would be the nearest whole number.
The third step is to compute the predetermined overhead rate by dividing the estimated total manufacturing overhead costs by the estimated total amount of cost driver or activity base. Common activity bases used in the calculation include direct labor costs, direct labor hours, or machine hours. pre-determined overhead rate is the rate used to apply manufacturing overhead to work-in-process inventory. The pre-determined overhead rate is calculated before the period begins.