Simplify $\frac { 48 } { 96 }$ A) $\frac { 3 } { 4 }$

question 27

Multiple Choice

Simplify $\frac { 48 } { 96 }$

• A) \(\frac { 3 } { 4 }\)
• B) \(\frac { 1 } { 3 }\)
• C) \(\frac { 1 } { 4 }\)
• D) \(\frac { 2 } { 3 }\)
• E) none of the above

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Definitions:

Allocation of Budgeted Costs

This refers to the process of distributing the total budgeted costs across different departments, projects, or activities based on predetermined criteria.

User Department

A department within an organization that directly uses or benefits from a product or service, as opposed to departments involved in production or administration.

Standard Budgeted Rates

Predetermined costs used in budgeting and costing processes to standardize the allocation of expenses for labor, materials, and overhead.

Predetermined Overhead Rates

Rates established in advance to allocate overhead costs to products or job orders, based on estimated costs and activity levels.