The general formula to allocate cost is a. estimated overhead cost .pdf

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The document discusses methods for allocating overhead costs. The preferred method is to take the cost to be allocated and divide it by the total occurrences of the allocation base or cost drivers. This yields the overhead allocation rate by dividing the overhead cost by the cost drivers usage.

Formation

The general formula to allocate cost is: a. estimated overhead cost divided by cost pool b. cost
pool divided by estimated overhead pool c. cost to be allocated divided by total occurrences of
the allocation base d. cost base divided by estimated overhead pool
Solution
Overhead allocation rate = Overhead cost/Cost drivers usage
Hence, correct option is c. cost to be allocated divided by total occurrences of the allocation
base.

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