If the Allocation Is for Product Costing, the Allocation of Variable

question 139

Multiple Choice

If the allocation is for product costing, the allocation of variable support department costs would be calculated as

• A)Actual rate × Actual usage.
• B)Actual rate × Budgeted usage.
• C)Budgeted rate × Actual usage.
• D)Budgeted rate × Budgeted usage.

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Definitions:

Right-Brainedness

The theory that people are either left or right-brain dominant, where right-brained individuals are thought to be more creative and intuitive.

Left-Brainedness

A popularized concept suggesting that people who are "left-brained" are more logical, analytical, and objective, while "right-brained" individuals are more intuitive, thoughtful, and subjective.

Human Thought

The capacity of the mind to process information, reason, remember, and relate objects and situations symbolically.

Creativity

The use of imagination or original ideas to create something; inventiveness.