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Blanket overhead rate is:

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Blanket overhead rate is:
  • AOne single overhead absorption rate for the whole factory
  • BRate which is blank or nil rate
  • Crate in which multiple overhead rates are calculated for each production department, service department etc
  • DAlways a machine hour rate
Correct answer: A
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One single overhead absorption rate for the whole factory

Blanket overhead rate is one single overhead absorption rate for the whole factory. It is a common absorption rate used throughout a factory and for all jobs and units of output irrespective of the departments in which they were produced or processed. It is a one single overhead absorption rate for the whole of the factory.