Multiple Choice
The standard cost of fixed overhead is calculated by:
A) standard fixed overhead allocation rate multiplied by standard quantity of direct labour per unit of output
B) standard fixed overhead allocation rate multiplied by standard quantity of allocation base per unit of input
C) standard fixed overhead allocation rate multiplied by standard quantity of allocation base per unit of output
D) total fixed overhead multiplied by standard quantity of allocation base per unit of output
Correct Answer:
Verified
Correct Answer:
Verified
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