Appendix 7A)In a Cost Analysis report in time-based activity-based costing,the time-driven activity rate for an activity is computed by dividing the minutes required of the resource per unit of activity by the cost per minute of the resource supplied.

Question

Quizplus · Accepted Answer

In time-driven activity-based costing, the time-driven activity rate is computed by dividing the cost per minute of the resource supplied by the minutes required of the resource per unit of activity, not the other way around.

Appendix 7A)In a Cost Analysis Report in Time-Based Activity-Based Costing,the