MBA Cost Accounting MCQs - Chapter 22

Job Costing Quiz Questions and Answers PDF - 7

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Free Job Costing Quiz Questions, Job Costing quiz answers PDF, test 7 to learn online MBA Cost Accounting Course. Practice Variations from Normal Costing MCQs, Job Costing MCQ questions and answers PDF to prepare for job interview. Free learning app: Job Costing Quiz App Download & e-Book for building block concepts of costing systems, indirect costs allocation, normal costings career test for business admin degree online.

The Quiz: If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be; "Job Costing" App Download iOS & Android (Free) with answers 87.31%, 67.30%, 55.50% and 45.50% to study online MBA accounting courses. Study variations from normal costing quiz questions, download Amazon eBook (Free Sample) for business admin degree online.

Job Costing Questions & Answers PDF Download: MCQ Quiz 7

MCQ 31: If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be

A) 67.30%

B) 87.31%

C) 55.50%

D) 45.50%

MCQ 32: The procedure of assigning the direct cost to any cost abject is classified as

A) sales allocation

B) cost tracing

C) cost allocation

D) sales tracing

MCQ 33: If an actual indirect cost incurred is $25000 and the indirect cost allocated is $23000, then the over allocated indirect cost would be

A) $48,000

B) −$2000

C) $2,000

D) −$48000

MCQ 34: In an accounting system, the document which supports journal entries is classified as

A) cost document

B) priced document

C) source document

D) direct document

MCQ 35: If the budgeted indirect cost arte is $115 and the budgeted cost allocation base is $830 per hour, then the annual indirect cost (budgeted) will be

A) $93,450

B) $94,560

C) $96,450

D) $95,450

MBA Cost Accounting Mock Tests

Job Costing MCQs

Performance Measurement, Compensation and Multinational Considerations MCQs

Master Budget and Responsibility Accounting MCQs

Flexible Budget: Overhead Cost Variance MCQs

Financial Ratios Analysis MCQs

Basics of Accounting MCQs

Process Costing MCQs

Accounting Concepts MCQs

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