Normal Costings MCQs Quiz Online PDF Book Download

Normal costings MCQs, normal costings quiz answers to learn accounting courses online. Job costing multiple choice questions (MCQs), normal costings quiz questions and answers for online MSF degree. Variations from normal costing, budget indirect costs and end of financial year, building block concepts of costing systems, normal costings test prep for business analyst certification.

Learn job costing test MCQs: if budgeted annual indirect cost is $60000, budgeted annual quantity of cost allocation base is $3600, then budgeted indirect cost rate will be, with choices 15.67 per piece, 16.67 per piece, 14.67 per piece, and 13.67 per piece for online MSF degree. Practice assessment test for scholarships, online learning normal costings quiz questions for competitive assessment in business majors for finance certifications. Normal Costings Video

MCQ on Normal CostingsQuiz Book Download

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

MCQ: Manufacturing overhead cost allocated to individual jobs is classified as

  1. manufacturing overhead allocated
  2. cost overhead applied
  3. manufacturing overhead applied
  4. both A and C

D

MCQ: If budgeted annual indirect cost is $85000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be

  1. 112.34 per piece
  2. 113.34 per piece
  3. 111.34 per piece
  4. 110.34 per piece

B

MCQ: In normal costing, manufacturing overhead allocated is also called

  1. manufacturing overhead applied
  2. labor overhead applied
  3. cost overhead applied
  4. budget overhead applied

A

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

  1. $93,450
  2. $94,560
  3. $96,450
  4. $95,450

D