An actual overhead rate can be calculated
A)at the beginning of the year.
B)at the end of each month.
C)at the beginning of each month.
D)either at the beginning of the year or at the beginning of the month.

Question

Quizplus · Accepted Answer

An actual overhead rate is calculated based on actual costs incurred and actual activity levels, which can only be determined accurately at the end of a period, such as the end of each month.

An Actual Overhead Rate Can Be Calculated