The Budgeted Direct-Labour Cost Rate Includes ________ in the Calculation

question 277

Multiple Choice

The budgeted direct-labour cost rate includes ________ in the calculation.

• A)budgeted total direct-labour costs in the denominator
• B)budgeted total direct-labour costs in the numerator
• C)budgeted total direct-labour hours in the numerator
• D)budgeted total costs in the indirect cost pool

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Definitions:

Mean Purchase

The average value or amount of purchases made over a specific period of time.

Probability

The likelihood or chance of an event occurring.

Sample Size

The number of observations or data points that are selected from a population for the purposes of statistical analysis.

Sample Size

The number of observations or data points collected in a sample for the purpose of analysis.