BBA: Finance Courses

MBA Cost Accounting Certification Exam Tests

MBA Cost Accounting Practice Test 189

Normal Costings Quiz Questions and Answers PDF - 189

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The Quiz: In normal costing, the budgeted rate is multiplied to an actual quantity, which have been used as the allocation base to calculate; "Normal Costings" App Download (Free) with answers manufacturing overhead applied, budget overhead applied, labor overhead applied for online accounting certificate courses. Solve job costing questions and answers, Amazon eBook to download free sample for online business degree.

Normal Costings Questions and Answers PDF Download: Quiz 189

MCQ 941: In normal costing, the budgeted rate is multiplied to an actual quantity, which have been used as the allocation base to calculate

A) budget overhead applied
B) manufacturing overhead applied
C) labor overhead applied
D) none of above

MCQ 942: The second ranked product in incremental revenue allocation method is termed as

A) primary product
B) First incremental product
C) Second incremental product
D) Third incremental product

MCQ 943: An implementation of planning decisions and evaluating performance is classified as

A) control
B) evaluation
C) deciding
D) performing

MCQ 944: If the actual payment to labor is $1200 and the budgeted rate is $1000, then the labor price variance would be

A) less than zero
B) equal to zero
C) favorable
D) unfavorable

MCQ 945: If the production is greater than sales, then operating income under variable costing is

A) negative income value
B) lower income
C) higher income
D) zero dividends

MBA Cost Accounting Exam Prep Tests

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Normal Costings App (Android & iOS)

Normal Costings App (Android & iOS)

Cost Accounting App (Android & iOS)

Cost Accounting App (Android & iOS)

BBA Economics App (Android & iOS)

BBA Economics App (Android & iOS)

Business Mathematics App (Android & iOS)

Business Mathematics App (Android & iOS)