A. unadjusted cost approach
B. adjusted allocation rate approach
C. unadjusted allocation approach
D. adjusted cost approach
Related Mcqs:
- An allocation approach, in which all the overhead entries are restated using actual cost rates in place of budgeted rates is called ___________?
A. unadjusted budget rate approach
B. adjusted allocation rate approach
C. unadjusted allocation rate approach
D. adjusted budget rate approach - Of the cost allocation base, the difference between actual and budgeted variable overhead cost multiplied by actual quantity for actual output is classified as ____________?
A. variable overhead spending variance
B. fixed overhead spending variance
C. constant spending variance
D. potential spending variance - In an actual quantity of cost allocation used, base is multiplied to an actual fixed overhead rates, to calculate ___________?
A. fixed manufacturing overhead cost
B. variable manufacturing overhead cost
C. indirect manufacturing overhead cost
D. direct manufacturing overhead cost - The difference between the budgeted amounts and the actual results is classified as __________?
A. standard deviation
B. variances
C. mean average
D. weighted average - The costing technique, in which the actual direct rates are multiplied to quantity of direct cost inputs is classified as __________?
A. priced costing
B. actual costing
C. direct costing
D. indirect costing - If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then the selling price variance will be __________?
A. $45,000
B. $55,000
C. $75,000
D. $65,000 - In actual costing, an actual quantity of used inputs are multiplied with actual prices to calculate: ___________?
A. fixed direct manufacturing cost
B. variable direct manufacturing cost
C. fixed indirect manufacturing cost
D. variable indirect manufacturing cost - If an actual indirect cost incur is $35000 and the indirect cost allocated is $43000, then the under allocated indirect cost will be __________?
A. $78,000
B. −$78000
C. −$8000
D. $8,000 - If the actual selling price is $500, actual result is $250 and the actual units sold are 350, then the selling price variance will be ____________?
A. $87,500
B. $97,500
C. $67,500
D. $57,500 - In normal costing, an actual quantity of cost allocation used base is multiplied to budgeted fixed overhead rates to calculate the ___________?
A. indirect manufacturing overhead cost
B. direct manufacturing overhead cost
C. fixed manufacturing overhead cost
D. variable manufacturing overhead cost
