The Predetermined Overhead Allocation Rate Is Calculated by Dividing ________

question 90

Multiple Choice

The predetermined overhead allocation rate is calculated by dividing ________.

• A) the total estimated overhead costs by total number of days in a year
• B) the estimated amount of cost driver by actual total overhead costs
• C) the actual overhead costs by actual amount of the cost driver or allocation base
• D) the estimated overhead costs by total estimated quantity of the overhead allocation base

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Definitions:

Statocysts

Specialized sensory organs found in some animals, such as invertebrates, that help to maintain equilibrium and orientation relative to gravity.

Mollusks

A phylum of coelomate protostome animals characterized by a soft body, visceral mass, mantle, and foot.

Terrestrial

Pertaining to the Earth or its land, as opposed to aquatic or aerial environments.

Marine

Related to the sea or ocean, describing organisms that live in saltwater environments, or activities and phenomena related to the sea.