The plantwide approach to allocating overhead is typically the simplest and least expensive approach.

Name: The plantwide approach to allocating overhead is typically the simplest and least expensive approach.
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The plantwide approach involves allocating overhead using a single predetermined overhead rate for the entire plant. This can be simpler and less expensive than other methods that require more detailed tracking and allocation of overhead costs to specific products or departments.

The Plantwide Approach to Allocating Overhead Is Typically the Simplest