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Job Costing Multiple Choice Questions and Answers 1 PDF Book Download

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

Practice job costing career test with multiple choice question: 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 online degree in accounting and finance. Prepare jobs' assessment test for learning online variations from normal costing quiz questions with financial accounting MCQs for finance certifications. Variations from Normal Costing Video

MCQ on Job Costing Test 1Quiz 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