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BBA Cost Accounting MCQs – Practice Test 6 (Chapter 15)

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Study Department Costs, Common Costs and Revenues Multiple Choice Questions (MCQ Quiz) with Answers PDF for online career growth. Download the Department Costs, Common Costs and Revenues MCQ PDF e-Book, Ch. 15-6 to learn BBA Cost Accounting Course. Solve Allocating Costs: Multiple Support Departments Multiple Choice Questions (MCQs), Department Costs, Common Costs and Revenues quiz with answers PDF to explore marginal costing. Download the BBA Cost Accounting MCQ App: Free Department Costs, Common Costs and Revenues Learning App to learn revenue allocation and bundled products, single rate and dual rate methods, common costs career test to gain digital experience.

Learn "BBA Cost Accounting MCQ" App (Android & iOS) with MCQ: Method which allocates the cost of support department to only operating departments is called; with answers: direct method, indirect method, step down method, and reciprocal method. Practice Planning of Variable & Fixed Overhead Costs Quiz Questions, download Apple Book (Free Chapter) for online career growth.

Department Costs, Common Costs & Revenues MCQ – Practice Test 6 PDF Download

MCQ 26: The method which allocates the cost of support department to only operating departments is called:

  1. indirect method
  2. direct method
  3. step down method
  4. reciprocal method

MCQ 27: The process in which earned revenue is related to specific revenue object, which can cannot trace it in cost effective way is known as:

  1. revenue allocation
  2. revenue object
  3. revenue increment
  4. reciprocal revenue

MCQ 28: 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 the total cost would be:

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

MCQ 29: The method which determines weights of cost allocation by considering cost of each user, as separate entity is known as:

  1. bundled products allocation method
  2. variable cost allocation method
  3. stand-alone cost allocation method
  4. incremental cost allocation method

Department Costs Common Costs & Revenues MCQ App & e-Book – BBA Cost Accounting Entrance Exam

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