BBA Cost Accounting MCQs – Practice Test 8 (Chapter 22)

Job Costing Notes Questions with Answers PDF Download – Test 8

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Learn Job Costing Notes Questions and Answers PDF for accounting learning platforms. Download the Job Costing Quiz Answers PDF e-Book, Ch. 22-8 to study BBA Cost Accounting Course. Solve Normal Costings MCQs, Job Costing quiz questions and answers PDF for accounting learning platforms. Download the Job Costing Learning App: Free BBA Cost Accounting Notes App to study budget indirect costs and end of financial year, variations from normal costing career test to manage virtual classes.

The "Job Costing Notes" App Download: In a normal accounting period, the allocated amount of indirect cost is $2000 and the actual amount is $2200, it classified as; MCQ with answers: under allocated budget, over allocated budget, under allocated indirect cost, and over allocated direct cost. Practice Period Costs Quiz Questions, download Kobo e-Book (Free Chapter) for accounting learning platforms.

Job Costing MCQs – Practice Test 8 PDF Download

MCQ 36: If the budgeted annual manufacturing indirect cost is $2250000 and the cost allocation base is 2800 labor hour, then budgeted manufacturing overhead rate will be:

$803.571 per labor hour
$805 per labor hour
$905 per labor hour
$802 per labor hour

MCQ 37: In a normal accounting period, the allocated amount of indirect cost is $2000 and the actual amount is $2200, it classified as:

over allocated budget
under allocated budget
under allocated indirect cost
over allocated direct cost

MCQ 38: The spread of over allocated overhead and under allocated overhead among work in process, finished goods and goods sold cost is classified as:

proration approach
appreciation approach
depreciation approach
adjusted approach

MCQ 39: If the budgeted indirect cost is $225 and the budgeted cost allocation base is $750 per hour, then the annual indirect cost (budgeted) would be:

$168,750
$148,570
$186,750
$125,680

MCQ 40: If the budgeted cost in indirect cost pool is $139600 and total quantity of cost allocation base is $155600, then the budgeted indirect cost rate would be:

69.72%
79.72%
99.75%
89.72%

Job Costing Notes App & e-Book – BBA Cost Accounting Admission Tests

Capital Budgeting and Cost Benefit Analysis MCQs

Performance Measurement, Compensation and Multinational Considerations MCQs

Cost Volume Profit Analysis MCQs

Fundamentals of Accounting MCQs

Financial Ratios Analysis MCQs

Budgeting and Accounting MCQs

Overhead Cost Variances and Management Control MCQs

Cost Management and Pricing Decisions MCQs

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