What is the term for the proportion of an overhead activity utilized by a product?
A)overhead ratio
B)consumption ratio
C)quick ratio
D)fixed ratio

Question

Quizplus · Accepted Answer

The term for the proportion of an overhead activity utilized by a product is known as the consumption ratio. This ratio helps in allocating overhead costs to products based on how much of the overhead activity each product consumes.

What Is the Term for the Proportion of an Overhead