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BBA Cost Accounting MCQs (BBA Finance) From Textbook

BBA Cost Accounting MCQs – Practice Test 2 (Chapter 22)

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Job Costing MCQ – Practice Test 2 PDF Download

MCQ 6: An under allocated indirect cost is also called:

  1. under applied indirect cost
  2. under absorbed indirect cost
  3. absorbed indirect cost
  4. both a and b

MCQ 7: In normal costing, the situation in which the allocated amount of indirect cost is greater than the incurred cost, is considered as:

  1. incurred indirect cost
  2. over allocated indirect cost
  3. applied indirect cost
  4. applied direct cost

MCQ 8: A group of individual indirect cost item is defined as:

  1. direct pool
  2. cost pool
  3. indirect pool
  4. item pool

MCQ 9: The total indirect cost in the pool by an actual quantity of cost allocation base, is used to calculate:

  1. actual manufacturing overhead rate
  2. manufacturing overhead costs
  3. overhead rate
  4. direct rate

MCQ 10: An approach which yields the benefits of normal costing and the actual manufacturing overhead is classified as:

  1. unadjusted allocation rate approach
  2. adjusted budget rate approach
  3. unadjusted budget rate approach
  4. adjusted allocation rate approach

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