Learn Accounting Online Notes and Technology Articles

Job Costing Multiple Choice Questions and Answers 1 PDF Book Download

Job costing multiple choice questions (MCQs), job costing quiz answers, MBA accounting test prep 1 to learn online accounting courses. Variations from normal costing MCQs, job costing quiz questions and answers for admission and merit scholarships test. Practice variations from normal costing, building block concepts of costing systems, normal costings career test for accounting certifications.

Learn job costing quiz with multiple choice questions: budgeted total direct labor cost is divided with budgeted total direct labor, to calculate, with choices expected direct labor cost rate, budgeted indirect labor cost rate, budgeted direct labor cost rate, and expected indirect labor cost rate for master's degree in business administration. Practice jobs' assessment test for online learning variations from normal costing quiz questions with financial accounting MCQs for business analyst certification. Variations from Normal Costing Video

MCQs on Job Costing Test 1 PDF Book Download

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 object 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