Normal Costings MCQs Quiz Online PDF Download

Learn normal costings MCQs, online MBA cost accounting test for distance education, online accounting courses prep. Practice job costing multiple choice questions (MCQs), normal costings quiz questions and answers. GMAT test prep on building block concepts of costing systems, normal costings tutorials for online accounting concepts courses distance learning.

Study bachelors and masters in accounting degree MCQs: if budgeted annual indirect cost is $60000, budgeted annual quantity of cost allocation base is $3600, then budgeted indirect cost rate will be, for online courses with choices 15.67 per piece, 16.67 per piece, 14.67 per piece, 13.67 per piece for online diploma courses, associate degree courses and university courses online learning with smart tutor portal. Free skills assessment test is for online learn normal costings quiz questions with MCQs, exam preparation questions and answers for MBA GMAT practice test for MBA entrance exam preparation. Normal Costings Video

MCQs on Normal CostingsQuiz 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