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Which of the following statements is true regarding the expected global consumption ratio? a.It is calculated...

Which of the following statements is true regarding the expected global consumption ratio?

a.It is calculated by dividing budgeted annual overhead by budgeted annual driver level.

b.It is calculated by dividing the cost of resources supplied by the practical capacity of resources supplied.

c.It is the proportion of the total activity costs consumed by a given product.

d.It is the proportion of non-unit-related overhead costs to total overhead costs.

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Answer #1

It is the proportion of the total activity costs consumed by a given product is true regarding the expected global consumption ratio.

Correct answer is option C .

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