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Job Costing Multiple Choice Questions Test 1 Tests pdf Download

Practice job costing multiple choice questions (MCQs), cost accounting test 1 online to learn. Practice variations from normal costing MCQs questions and answers on variations from normal costing, building block concepts of costing systems, normal costings with answers. Free job costing study guide has answer key with choices as 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 cost is divided with budgeted total direct labor to calculate 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 Quiz pdf Download Test 1

MCQ. Budgeted total direct labor cost is divided with budgeted total direct labor to calculate

  1. budgeted indirect labor cost rate
  2. expected direct labor cost rate
  3. budgeted direct labor cost rate
  4. expected indirect labor cost rate

C

MCQ. Budgeted direct labor hours are multiplied to direct labor cost rate to calculate

  1. expected total direct labor cost
  2. budgeted total direct labor cost
  3. budgeted total indirect labor cost
  4. expected labor hours

B

MCQ. Term which describes assigning of indirect cost to any cost abject is classified as

  1. cost allocation
  2. sales tracing
  3. sales allocation
  4. cost tracing

A

MCQ. A document which contains information about materials of specific product, in specific department comes under

  1. costing method
  2. selling method
  3. material acquisition method
  4. none of above

C

MCQ. If budgeted annual indirect cost is $60000, budgeted annual quantity of cost allocation base is $3600, then budgeted indirect cost rate will be

  1. 15.67 per piece
  2. 16.67 per piece
  3. 14.67 per piece
  4. 13.67 per piece

B