A. under allocated indirect cost
B. over allocated direct cost
C. over allocated budget
D. under allocated budget
Related Mcqs:
- If an actual indirect cost incurred is $25000 and the indirect cost allocated is $23000, then the over allocated indirect cost would be ________?
A. $48,000
B. −$2000
C. $2,000
D. −$48000 - 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 - In a normal accounting period, the allocated amount of indirect cost is $2000 and the actual amount is $2200, it classified as __________?
A. over allocated budget
B. under allocated budget
C. under allocated indirect cost
D. over allocated direct cost - If an allocated indirect cost is $1500 and the actual incurred indirect cost is $1200, then this is classified as __________?
A. applied indirect cost
B. applied direct cost
C. incurred indirect cost
D. over allocated indirect cost - In normal costing, the situation in which the allocated amount of indirect cost is greater than the incurred cost, is considered as _____________?
A. incurred indirect cost
B. over allocated indirect cost
C. applied indirect cost
D. applied direct cost - The costing and allocating situation, in which the indirect cost allocated amount is less than actually incurred amount is known as ___________?
A. over allocated budget
B. under allocated budget
C. under allocated indirect cost
D. over allocated direct cost - If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be __________?
A. 67.30%
B. 87.31%
C. 55.50%
D. 45.50% - If the budgeted cost in indirect cost pool is $139600 and total quantity of cost allocation base is $155600, then the budgeted indirect cost rate would be __________?
A. 69.72%
B. 79.72%
C. 99.75%
D. 89.72% - If the budgeted annual indirect cost is $85000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be __________?
A. 112.34 per piece
B. 113.34 per piece
C. 111.34 per piece
D. 110.34 per piece - If the budgeted indirect cost arte is $115 and the budgeted cost allocation base is $830 per hour, then the annual indirect cost (budgeted) will be ___________?
A. $93,450
B. $94,560
C. $96,450
D. $95,450
