Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Single Rate and Dual Rate Methods MCQ with Answers

Single Rate and Dual Rate Methods Multiple Choice Questions (MCQ) to practice single rate and dual rate methods quiz answers PDF, cost accounting worksheets for online degrees. Solve department costs, common costs and revenues Multiple Choice Questions and Answers (MCQs), "Single Rate and Dual Rate Methods" quiz questions and answers for online BBA degree. Learn common costs, revenue allocation and bundled products, revenue allocation methods test prep for master's degree in business administration.

"The method which divides the support department cost into two dimensions such as fixed and variable cost pool is classified as" Multiple Choice Questions (MCQ) on single rate and dual rate methods with choices sales mix allocation method, dual-rate cost-allocation method, single rate cost allocation method, and quantity variance allocation method for online BBA degree. Solve single rate and dual rate methods quiz questions for merit scholarship test and certificate programs for online business administration degree classes.

MCQs on Single Rate and Dual Rate Methods

1.

The method which divides the support department cost into two dimensions such as fixed and variable cost pool is classified as

sales mix allocation method
dual-rate cost-allocation method
single rate cost allocation method
quantity variance allocation method

2.

Support department cost allocation method which makes no difference between variable and fixed costs is classified as

sales mix allocation method
dual-rate cost-allocation method
single rate cost allocation method
quantity variance allocation method

3.

If the employees of division A work for 8000 hours for $90 per hour, then the rate must be paid in division B in accordance of single rate method will be

$90 per hour
less than $90 per hour
greater than $90 per hour
none of above

4.

Considering dual rate method, if employees work for 8500 budgeted hours at $120 per hour, and work for 9500 actual hours at $110 per hour, then the total cost would be

$2,078,000
$3,078,000
$2,065,000
$3,065,000