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Normal Costings MCQs Quiz Online PDF Download eBook

Solve Normal Costings Multiple Choice Questions (MCQ), normal costings quiz answers PDF worksheet, cost accounting practice test for online courses. Learn job costing Multiple Choice Questions and Answers (MCQs), "Normal Costings" quiz questions and answers for BA in business administration. Learn variations from normal costing, budget indirect costs and end of financial year, building block concepts of costing systems, normal costings test prep for online BBA courses.

"If the budgeted annual indirect cost is $60000, budgeted annual quantity of cost allocation base is $3600, then budgeted indirect cost rate will be" Multiple Choice Questions (MCQ) on normal costings with choices 15.67 per piece, 16.67 per piece, 14.67 per piece, and 13.67 per piece for BA in business administration. Practice normal costings quiz questions fmerit scholarship test and certificate programs for online business administration colleges. Normal Costings Video

MCQs on Normal Costings PDF Download eBook

MCQ: If the budgeted annual indirect cost is $60000, budgeted annual quantity of cost allocation base is $3600, then budgeted indirect cost rate will be

  1. 15.67 per piece
  2. 16.67 per piece
  3. 14.67 per piece
  4. 13.67 per piece

B

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

  1. manufacturing overhead allocated
  2. cost overhead applied
  3. manufacturing overhead applied
  4. both A and C

D

MCQ: If the budgeted annual indirect cost is $85000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be

  1. 112.34 per piece
  2. 113.34 per piece
  3. 111.34 per piece
  4. 110.34 per piece

B

MCQ: In normal costing, the manufacturing overhead allocated is also called

  1. manufacturing overhead applied
  2. labor overhead applied
  3. cost overhead applied
  4. budget overhead applied

A

MCQ: 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

D