In a standard cost system,overhead is applied per unit by multiplying the ________ overhead rate times the ________ quantity of the cost driver.
A)actual;actual
B)actual;standard
C)standard;standard
D)standard;actual

Question

Quizplus · Accepted Answer

In a standard cost system, overhead is applied per unit by multiplying the standard overhead rate times the standard quantity of the cost driver. This allows for consistent costing and budgeting, as it uses predetermined rates and quantities.

In a Standard Cost System,overhead Is Applied Per Unit by Multiplying