Actual indirect-cost rate

Actual indirect-cost rate is actual total indirect costs in a cost pool divided by the actual total quantity of the cost-allocation base for that cost pool.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Actual indirect-cost rate. Actual total indirect costs in a cost pool divided by the actual total quantity of the cost-allocation base for that cost pool.