Multiple Choice
In calculating the activity-based rate (cost driver rate) , which of the following formulas is correct?
A) Total cost in activity cost pool × Total quantity of activity's cost driver
B) Total cost in activity cost pool/Total quantity of activity's cost driver
C) Total quantity of activity's cost driver × Total cost in activity cost pool
D) Total quantity of activity's cost driver/Total cost in activity cost pool
Correct Answer:
Verified
Correct Answer:
Verified
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