312 1 1. 12 1.1 . 1 2 . 1 .3 . 1 .4 . 1 5 . 1 6 . 1 . 7 . 1 8 . 1 . 9 . 1 .10. 1 11 . 1 12 1 13. 1 14. 1 16 1 17 1 15 U. AL ine beginning of wie unancial year The traditional cost drivers used in computing overhead absorption rates are: Select one: a. direct labour hours, machine hours, direct labour cost b. floor space, rent and rates, machinery value c. direct labour cost, machine hours, factory overhead d. direct labour hours, machine cost , direct labour cost Overheads applied are calculated by: Select one: A. Cost driver divided by the OAR B. Budgeted production overheads divided by the budgeted cost driver activity C. OAR times the actual cost driver activity D. OAR times the estimated cost driver activity Under-allocated manufacturing overhead costs are always the result of which of the following situations? 13 .12 1 1 1 17 17 1 2 . 1 Select one: A. Actual overhead costs are greater than estimated overhead costs. B. Actual overhead costs are less than applied overhead costs. C. Estimated overhead costs are greater than actual overhead costs, D. Applied overhead costs are less than actual overhead costs