A method of assigning overhead costs to a product using a single overhead rate is: Multiple Choice a. Plantwide overhead rate method. b. Cost pool overhead rate method. c. Departmental overhead rate method. d. Activity-based costing. e. Overhead cost allocation method.

Business · College · Tue Nov 03 2020

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The method of assigning overhead costs to a product using a single overhead rate is:

a. Plantwide overhead rate method.

In this method, a single predetermined overhead rate is used to allocate overhead costs to products based on a single cost driver, such as direct labor hours or machine hours, across an entire plant or organization.






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