Which of the Following Is the Correct Method to Calculate

question 2

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.

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Definitions:

Social Kin

Individuals who are considered family based on social ties, affection, or chosen familial bonds, rather than blood relation.

Nonrelatives

Individuals who are not part of one's family by birth, marriage, or adoption.

Common-Law Marriage

A marriage-like relationship that is recognized by law after partners live together for a certain period of time and present themselves as a married couple, without a formal ceremony.

Blood Tests

Laboratory analyses performed on a blood sample to evaluate general state of health, detect infections, or diagnose diseases.