Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Normal Costings MCQ with Answers

Normal Costings Multiple Choice Questions (MCQ) to practice normal costings quiz answers PDF, cost accounting worksheets for online degrees. Solve job costing Multiple Choice Questions and Answers (MCQs), "Normal Costings" quiz questions and answers for BA in business administration. Learn building block concepts of costing systems, variations from normal costing 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. Solve normal costings quiz questions for merit scholarship test and certificate programs for online business administration colleges.

MCQs on Normal Costings

1.

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

15.67 per piece
16.67 per piece
14.67 per piece
13.67 per piece

2.

The manufacturing overhead cost allocated to individual jobs is classified as

manufacturing overhead allocated
cost overhead applied
manufacturing overhead applied
both A and C

3.

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

112.34 per piece
113.34 per piece
111.34 per piece
110.34 per piece

4.

In normal costing, the manufacturing overhead allocated is also called

manufacturing overhead applied
labor overhead applied
cost overhead applied
budget overhead applied

5.

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

$93,450
$94,560
$96,450
$95,450