Question: The formula for calculating a predetermined indirect cost rate is: a) actual indirect costs/actual usage of the cost driver b) budgeted indirect costs/actual usage of

The formula for calculating a predetermined indirect cost rate is:

a) actual indirect costs/actual usage of the cost driver

b) budgeted indirect costs/actual usage of the cost driver

c) budgeted indirect costs/budgeted usage of the cost driver

d) actual indirect costs/budgeted usage of the cost driver

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