MBA Cost Accounting MCQs - Chapter 22

Job Costing Multiple Choice Questions (MCQ) PDF - 4

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Job Costing Questions & Answers PDF Download: MCQ Quiz 4

MCQ 16: A document which consists information about labor time usage, for specific job in a specific department, is known as

A) selling time record

B) labor time record

C) buying time record

D) direct time record

MCQ 17: If the budgeted total direct labor hours are 3800 and budgeted direct labor cost is $480000, then the budgeted direct labor cost rate will be

A) $126.32 per labor hour

B) $128.32 per labor hour

C) $130 per labor hour

D) $132 per labor hour

MCQ 18: If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is

A) $138 per labor hour

B) $137.27 per hour

C) $140 per labor hour

D) $142 per labor hour

MCQ 19: In accounting system, a document which consists of all assigned cost for specific job is classified as

A) job cost record

B) job cost sheet

C) source document

D) both a and b

MCQ 20: The manufacturing overhead cost allocated to individual jobs is classified as

A) manufacturing overhead allocated

B) cost overhead applied

C) manufacturing overhead applied

D) both A and C

MBA Cost Accounting Mock Tests

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Job Costing MCQs

Cost Management and Pricing Decisions MCQs

Accounting Concepts MCQs

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