Question: 3 points The standard predetermined overhead rate used in setting the standard overhead cost is determined by dividing budgeted overhead costs by actual activity. actual

3 points The standard predetermined overhead rate used in setting the

3 points The standard predetermined overhead rate used in setting the standard overhead cost is determined by dividing budgeted overhead costs by actual activity. actual overhead costs by actual activity. actual overhead costs by an expected standard activity index. budgeted overhead costs by an expected standard activity index

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