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BBA Cost Accounting MCQs (BBA Finance) From Textbook

BBA Cost Accounting MCQs – Practice Test 7 (Chapter 22)

Job Costing Quiz with Answers PDF Download – Test 7

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Study Job Costing Quiz Questions and Answers PDF to build digital knowledge. Download the Job Costing Quiz PDF e-Book, Ch. 22-7 to learn BBA Cost Accounting Course. Practice Variations from Normal Costing MCQs, Job Costing MCQ questions and answers PDF to build digital knowledge. Download the BBA Cost Accounting Learning App: Free Job Costing Quiz App to learn building block concepts of costing systems, indirect costs allocation, normal costings career test to strengthen commerce foundation.

Free "BBA Cost Accounting Learning" App Download (Android & iOS) with MCQ: If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be; with answers: 87.31%, 67.30%, 55.50%, and 45.50%. Learn Flexible Budget: Cost Accounting Quiz Questions, download Google Book (Free Chapter) to build digital knowledge.

Job Costing Quiz – Practice Test 7 PDF Download

MCQ 31: If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be:

  1. 67.30%
  2. 87.31%
  3. 55.50%
  4. 45.50%

MCQ 32: The procedure of assigning the direct cost to any cost abject is classified as:

  1. sales allocation
  2. cost tracing
  3. cost allocation
  4. sales tracing

MCQ 33: If an actual indirect cost incurred is $25000 and the indirect cost allocated is $23000, then the over allocated indirect cost would be:

  1. $48,000
  2. −$2000
  3. $2,000
  4. −$48000

MCQ 34: In an accounting system, the document which supports journal entries is classified as:

  1. cost document
  2. priced document
  3. source document
  4. direct document

MCQ 35: If the budgeted indirect cost arte is $115 and the budgeted cost allocation base is $830 per hour, then the annual indirect cost (budgeted) will be:

  1. $93,450
  2. $94,560
  3. $96,450
  4. $95,450

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