To be useful for planning,control and making decisions,managers specify budgeted costs for activities and use ________ cost-driver rates to estimate the cost of outputs.
A)actual
B)estimated
C)budgeted
D)historical

Question

Quizplus · Accepted Answer

Budgeted cost-driver rates are used to estimate the cost of outputs when planning, controlling, and making decisions. These rates are based on budgeted costs rather than actual or historical costs. By using budgeted cost-driver rates, managers can more accurately predict the costs of their activities and make informed decisions about how to allocate resources.

To Be Useful for Planning,control and Making Decisions,managers Specify Budgeted