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Indirect Costs Allocation Multiple Choice Questions PDF p. 209

Indirect Costs Allocation multiple choice questions and answers, indirect costs allocation quiz answers PDF 209 to learn Cost Accounting course for college certification. Learn Job Costing MCQ trivia questions, indirect costs allocation Multiple Choice Questions (MCQ) for online college degrees. Indirect Costs Allocation Interview Questions PDF: budgeting and responsibility accounting, static budget variance, regression line, common costs, indirect costs allocation test prep for business administration and management colleges.

"If an allocated indirect cost is $1500 and the actual incurred indirect cost is $1200, then this is classified as" MCQ PDF with choices applied direct cost, applied indirect cost, incurred indirect cost, and over allocated indirect cost for online colleges for business administration. Solve job costing questions and answers to improve problem solving skills for online bachelor's degree in administration.

Indirect Costs Allocation Questions and Answers MCQs

MCQ: If an allocated indirect cost is $1500 and the actual incurred indirect cost is $1200, then this is classified as

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

MCQ: The method which determines weights of cost allocation by considering cost of each user, as separate entity is known as

bundled products allocation method
variable cost allocation method
stand-alone cost allocation method
incremental cost allocation method

MCQ: If an unexplained variation is 350050 and the total variation is 700505, then coefficient of determination would be

3
0.5003
0.7003
2

MCQ: If an actual result in static budget is $2500 and the corresponding budgeted amount is $2200, then the static budget variance will be

$3,000
$300
$4,700
$4,500

MCQ: The system which measures the budget, action and plan of each responsibility center is known as

budgeted accounting
action accounting
planned accounting
responsibility accounting