Normal Costings MCQs Quiz Online PDF Download

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Cost accounting practice test MCQ: 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 diploma courses, associate degree courses and university courses online learning with smart tutor portal. Free study guide is for online learning normal costings quiz with MCQs to practice test questions with answers. Normal Costings Video

MCQs on Normal Costings Quiz PDF 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