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Single Rate and Dual Rate Methods MCQs Quiz Online PDF Download eBook

Solve Single Rate and Dual Rate Methods Multiple Choice Questions (MCQ), single rate and dual rate methods quiz answers PDF worksheet, cost accounting practice test for online courses. Learn 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 allocating costs: operating departments, single rate and dual rate 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. Practice single rate and dual rate methods quiz questions fmerit scholarship test and certificate programs for online business administration degree classes. Single Rate and Dual Rate Methods Video

MCQs on Single Rate and Dual Rate Methods PDF Download eBook

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

  1. sales mix allocation method
  2. dual-rate cost-allocation method
  3. single rate cost allocation method
  4. quantity variance allocation method

B

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

  1. sales mix allocation method
  2. dual-rate cost-allocation method
  3. single rate cost allocation method
  4. quantity variance allocation method

C

MCQ: 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

  1. $90 per hour
  2. less than $90 per hour
  3. greater than $90 per hour
  4. none of above

A

MCQ: 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

  1. $2,078,000
  2. $3,078,000
  3. $2,065,000
  4. $3,065,000

C