Job Costing Multiple Choice Questions Test 1 pdf Download
Practice BBA cost accounting test 1 with MCQ on variations from normal costing online for learning. Practice job costing multiple choice questions (MCQ) on variations from normal costing, building block concepts of costing systems, normal costings,. Free study guide has answering options expected direct labor cost rate, budgeted indirect labor cost rate, budgeted direct labor cost rate and expected indirect labor cost rate of multiple choice questions (MCQ) as budgeted total direct labor costs is divided with budgeted total direct labor hours for calculating to test learning skills. Study to learn variations from normal costing quiz questions to practice MCQ based online exam preparation test.
MCQ on Job Costing - Test 1
MCQ. Budgeted total direct labor costs is divided with budgeted total direct labor hours for calculating
- budgeted indirect labor cost rate.
- expected direct labor cost rate.
- budgeted direct labor cost rate.
- expected indirect labor cost rate.
MCQ. Budgeted direct labor hours are multiplied with direct labor cost rate for calculating
- expected total direct labor cost.
- budgeted total direct labor cost.
- budgeted total indirect labor cost.
- expected labor hours.
MCQ. Term which describes assigning of indirect cost to any cost abject is classified as
- cost allocation.
- sales tracing.
- sales allocation.
- cost tracing.
MCQ. A document contains information about materials of specific product in specific department is classified as
- costing method.
- selling method.
- material acquisition method.
- None of above.
MCQ. Budgeted annual indirect cost is $60000 and budgeted annual quantity of cost allocation base is $3600 then budgeted indirect cost rate will be
- 15.67 per piece.
- 16.67 per piece.
- 14.67 per piece.
- 13.67 per piece.