According to incremental method, the party which receives the highest ranking in allocation of common cost is classified as ____________?

Related Mcqs:

1. In incremental cost allocation method, the cost object user who is ranked third in ranking order is classified as ____________?

   A. First incremental user B. primary user C. secondary user D. second incremental user...

2. In incremental cost allocation method, the cost object user who is ranked second in ranking order is known as ____________?

   A. First incremental user B. primary user C. secondary user D. second incremental user...

3. The cost object user, who is ranked first in incremental cost allocation method is known as _________?

   A. First incremental user B. primary user C. secondary user D. second incremental user...

4. The first ranked product, in incremental revenue allocation method, is classified as ___________?

   A. primary product B. First incremental product C. Second incremental product D. Third incremental product...

5. The second ranked product in incremental revenue allocation method is termed as __________?

   A. primary product B. First incremental product C. Second incremental product D. Third incremental product...

6. The third ranked product in incremental revenue-allocation method is known as _________?

   A. primary product B. First incremental product C. Second incremental product D. Third incremental product...

7. An actual quantity of cost allocation base is $56000, budgeted quantity of cost allocation base is $17000, then the variable overhead efficiency variance is ___________?

   A. $39,000 B. $49,000 C. $59,000 D. $73,000...

8. If an actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000, then variable overhead efficiency variance would be __________?

   A. $20,000 B. $76,000 C. $86,000 D. $96,000...

9. If the relevant opportunity cost of capital is $2950 and the relevant carrying cost of inventory is $6700, then the relevant incremental cost will be _____________?

   A. $9,650 B. $2,350 C. $3,750 D. $2,750...

10. 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%...