If a company multiplies its actual overhead rate by the actual activity level of its allocation base, it is using:
A) standard costing.
B) normal costing.
C) actual costing.
D) budget costing.

Name: If a company multiplies its actual overhead rate by the actual activity level of its allocation base, it is using: A) standard costing. B) normal costing. C) actual costing. D) budget costing.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Actual costing uses the actual overhead rate and the actual activity level to allocate overhead costs.

If a Company Multiplies Its Actual Overhead Rate by the Actual