MATCHING Identify the Letter of the Choice That Best Matches the That

question 98

Multiple Choice

MATCHING

Identify the letter of the choice that best matches the PivotTable that has been added to the worksheet shown in the figure above.
-ROWS area

• A)#1
• B)#2
• C)#3
• D)#4
• E)#5
• F)#6
• G)#7

---

Definitions:

Overhead Applied

The portion of overhead costs allocated to individual products or services based on the predetermined overhead rate.

Manufacturing Overhead Applied

The allocation of estimated manufacturing overhead costs to individual units of production based on a predetermined rate.

Machine-Hours

A measure of the amount of time machines are operated, used as a basis for allocating manufacturing overhead costs in some costing systems.

Predetermined Overhead Rate

A rate used to allocate overhead costs to products or services, calculated based on estimated overhead and activity levels before the period begins.