Asked by Candace Shields on Apr 28, 2024

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Support department costs are simply combined with all other overhead costs and total overhead is applied using one cost driver.
A)Single plantwide overhead rate
B)Multiple production department rates
C)Activity-based costing

Single Plantwide Overhead Rate

A method in cost accounting where a single rate is used to allocate all of a plant's manufacturing overhead costs to its products.

Cost Driver

A factor that causes variations in the cost of an activity or process, influencing the financial performance of a company.

  • Understand the array of strategies for cost distribution within a manufacturing context.
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Abigail FloresMay 01, 2024
Final Answer :
a