A Method of Assigning Overhead Costs to a Product Using

question 146

Multiple Choice

A method of assigning overhead costs to a product using a single overhead rate is:

• A)Plantwide overhead rate method.
• B)Cost pool overhead rate method.
• C)Departmental overhead rate method.
• D)Activity-based costing.
• E)Overhead cost allocation method.

---

Definitions:

Company Files

Documents, records, or electronic data that contain important information about a business's operations, financials, or strategies.

Supervisors

Individuals in charge of overseeing and managing the work of others, ensuring tasks are completed adequately.

Colleagues

Individuals with whom one works, especially within a profession or a specific project group.

Memo

A short document or note that is used for communication within an organization, often to inform employees about policies or announcements.