When Using the Dual-Rate Method,the Fixed Cost Allocation Is Based

question 111

Multiple Choice

When using the dual-rate method,the fixed cost allocation is based on ________.

• A) indirect usage
• B) budgeted usage
• C) incremental cost allocation
• D) prime cost allocation

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Definitions:

Arabic Numerals

A widely used numerical system that includes the digits 0 through 9, originated in India and later adopted by the Arab world.

Equivalent Fractions

Fractions that represent the same portion of a whole, even though they have different numerators and denominators.

Italicized Phrase

A portion of text that is slanted to the right to provide emphasis or distinction, commonly used for titles, foreign words, or terms being defined.

Lowest Terms

The simplest form of a fraction where the numerator and denominator are as small as possible.