35. A method of assigning overhead costs to a product using a single overhead rate is: A. Plantwide overhead rate method. B. Cost pool overhead rate method C. Departmental overhead rate method. D. Activity-based costing. E. Overhead cost allocation method. 36. What is the reason for pooling costs? A. To shift costs from low-volume to high-volume products. B. It is a budgeting technique designed to accurately track fixed costs C. Det ermining a pool rate for all costs incurred by the same activity reduces the number of cost assignments required. This procedure helps to determine which costs are directy related to production volume E. It simplifies departmental overhead costing procedures. 37. K Company estimates that overhead costs for the next year will be $2.900,000 for indirect labor and $800,000 for factory utlities. The company uses direct labor hours as its overhead allocation base. If direct labor hours are planned for this next year, what is the company's plantwide overhead rate? A. $.02 per direct labor hour. B. $46.25 per direct labor hour C. $36.25 per direct labor hour. D. $10 per direct labor hour. E. $. 10 per direct labor hour