The activity rate for Machining under activity-based costing is closest to:
A)$0.54 per MH
B)$4.00 per MH
C)$0.34 per MH
D)$2.10 per MH

Name: The activity rate for Machining under activity-based costing is closest to: A)$0.54 per MH B)$4.00 per MH C)$0.34 per MH D)$2.10 per MH
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The activity rate for Machining is calculated based on the total cost assigned to the activity divided by the total machine hours (MH). The rate of $0.54 per MH is closest to the calculated rate.

The Activity Rate for Machining Under Activity-Based Costing Is Closest