Single Rate and Dual Rate Methods MCQs Quiz Online PDF Book Download

Single rate and dual rate methods MCQs, single rate and dual rate methods quiz answers to learn online accounting courses. Learn department costs, common costs and revenues multiple choice questions (MCQs), single rate and dual rate methods quiz questions and answers. Career assessment test on common costs, allocating costs: operating departments, single rate and dual rate methods test prep for CPA certification.

Practice department costs, common costs and revenues test MCQs: method which divides support department cost into two dimensions such as fixed and variable cost pool is classified as, with choices sales mix allocation method, dual-rate cost-allocation method, single rate cost allocation method, and quantity variance allocation method for online degree in accounting and finance. Prepare assessment test for scholarships, online learning single rate and dual rate methods quiz questions for competitive assessment in business majors for finance certifications. Single Rate and Dual Rate Methods Video

MCQ on Single Rate and Dual Rate MethodsQuiz Book Download

MCQ: Method which divides support department cost into two dimensions such as fixed and variable cost pool is classified as

  1. sales mix allocation method
  2. dual-rate cost-allocation method
  3. single rate cost allocation method
  4. quantity variance allocation method

B

MCQ: Support department cost allocation method which makes no difference between variable and fixed costs is classified as

  1. sales mix allocation method
  2. dual-rate cost-allocation method
  3. single rate cost allocation method
  4. quantity variance allocation method

C

MCQ: If employees of division A work for 8000 hours for $90 per hour, then rate must be paid in division B in accordance of single rate method will be

  1. $90 per hour
  2. less than $90 per hour
  3. greater than $90 per hour
  4. none of above

A

MCQ: Considering dual rate method, if employees work for 8500 budgeted hours at $120 per hour, and work for 9500 actual hours at $110 per hour, then total cost would be

  1. $2,078,000
  2. $3,078,000
  3. $2,065,000
  4. $3,065,000

C