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Job Costing Multiple Choice Questions 1 PDF Download

Learn job costing multiple choice questions (MCQs), cost accounting test 1 for online exams. 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 quiz, online study guide has helping 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 as budgeted total direct labor cost is divided with budgeted total direct labor to calculate to test learning skills for viva exam preparation and job's interview questions. Study to learn variations from normal costing quiz questions with online learning MCQs for competitive exam preparation test. Variations from Normal Costing Video

MCQ on Job Costing Quiz PDF Download Test 1

MCQ. The 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. The 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. The term which describes the 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 the 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 the 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