Which of the following represents the overhead applied to a product?
A) Actual Overhead Rate $\times$ Estimated Cost Driver Level
B) Predetermined Overhead Rate $\times$ Actual Cost Driver Level
C) Predetermined Overhead Rate $\times$ Estimated Cost Driver Level
D) Actual Overhead Rate $\times$ Actual Cost Driver Level

Question

Quizplus · Accepted Answer

Overhead applied to a product is calculated using the predetermined overhead rate multiplied by the actual cost driver level.

Which of the Following Represents the Overhead Applied to a Product