Variations from Normal Costing Multiple Choice Questions with Answers – PDF Download

MCQ 1: The budgeted total direct labor cost is divided with budgeted total direct labor, to calculate:

1. budgeted indirect labor cost rate
2. expected direct labor cost rate
3. budgeted direct labor cost rate
4. expected indirect labor cost rate

MCQ 2: The budgeted direct labor hours are multiplied to direct labor cost rate, to calculate:

1. expected total direct labor cost
2. budgeted total direct labor cost
3. budgeted total indirect labor cost
4. expected labor hours

MCQ 3: If the budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be:

1. $4,730,000
2. $3,730,000
3. $2,730,000
4. $1,730,000

MCQ 4: If the budgeted total direct labor hours are 3800 and budgeted direct labor cost is $480000, then the budgeted direct labor cost rate will be:

1. $126.32 per labor hour
2. $128.32 per labor hour
3. $130 per labor hour
4. $132 per labor hour

MCQ 5: If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is:

1. $138 per labor hour
2. $137.27 per hour
3. $140 per labor hour
4. $142 per labor hour