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

Job Costing MCQ with Answers PDF – Download Test 2

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The "Job Costing MCQ" App Download (iOS & Android): In normal costing, the situation in which the allocated amount of indirect cost is greater than the incurred cost, is considered as; MCQ with answers: over allocated indirect cost, incurred indirect cost, applied indirect cost, and applied direct cost. Practice Management, Financial & Cost Accounting Quiz Questions, download Apple Book (Free Chapter) to gain virtual experience.

Job Costing MCQ PDF Download – Practice Test 2

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

under applied indirect cost
under absorbed indirect cost
absorbed indirect cost
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:

incurred indirect cost
over allocated indirect cost
applied indirect cost
applied direct cost

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

direct pool
cost pool
indirect pool
item pool

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

actual manufacturing overhead rate
manufacturing overhead costs
overhead rate
direct rate

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

unadjusted allocation rate approach
adjusted budget rate approach
unadjusted budget rate approach
adjusted allocation rate approach

BBA Cost Accounting Notes App & e-Book – Job Costing Exam Prep

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The App: Job Costing MCQ App to learn Job Costing Notes, Cost Accounting MCQs App, and Human Resource Management (BBA) MCQ App to explore budget planning.

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