1/ X + 2/ X Equals _______

question 92

Multiple Choice

1/ X + 2/ X equals _______.

• A) 2/ X
• B) 3/2 X
• C) 3/ X
• D) 2/ X 2

---

Definitions:

Markup

The sum added onto the purchase price of merchandise to cover both overhead expenses and profit, ultimately setting the retail price.

Predetermined Overhead Rate

A calculated rate used to assign overhead costs to products or services, based on estimated costs and activity levels.

Machine-Hours

The total time that machines are running in a production process, often used as a basis for allocating manufacturing overhead costs.

Job-Order Costing System

An accounting method that tracks costs individually for each job, suitable for companies producing unique or custom products.