Question: Which is the correct formula for computing the overhead rate? A. estimated use of the cost driver for production/estimated overhead for the activity B. estimated

Which is the correct formula for computing the overhead rate?

A. estimated use of the cost driver for production/estimated overhead for the activity

B. estimated overhead for the product/estimated use of the cost driver for the activity

C. estimated use of the cost driver for production/estimated overhead for the activity

D. estimated overhead for the activity/estimated use of the cost driver for the activity

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