To apply the budgeted overhead costs to a job,the budgeted overhead rate is multiplied by the ________.

Name: To apply the budgeted overhead costs to a job,the budgeted overhead rate is multiplied by the ________.
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Question

Quizplus · Accepted Answer

The budgeted overhead rate is applied to a job by multiplying it by the actual amount of the cost driver (such as labor hours, machine hours, etc.) used by the job. This method ensures that the overhead costs allocated to a job reflect the actual resources consumed by that job.

To Apply the Budgeted Overhead Costs to a Job,the Budgeted