Multiple Choice
Which of the following is the correct method to calculate a predetermined overhead rate?
A) Budgeted total manufacturing cost ÷ budgeted amount of cost driver.
B) Budgeted overhead cost ÷ budgeted amount of cost driver.
C) Budgeted amount of cost driver ÷ budgeted overhead cost.
D) Actual overhead cost ÷ budgeted amount of cost driver.
E) Actual overhead cost ÷ actual amount of cost driver.
Correct Answer:
Verified
Correct Answer:
Verified
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