If an actual indirect cost incur is $35000 and the indirect cost allocated is $43000, then the under allocated indirect cost will be __________?

Related Mcqs:

1. 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

2. 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

3. 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%

4. 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%

5. If the budgeted annual indirect cost is $60000, budgeted annual quantity of cost allocation base is $3600, then budgeted indirect cost rate will be __________?

   A. 15.67 per piece
   B. 16.67 per piece
   C. 14.67 per piece
   D. 13.67 per piece

6. 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

7. If the budgeted indirect cost is $225 and the budgeted cost allocation base is $750 per hour, then the annual indirect cost (budgeted) would be __________?

   A. $168,750
   B. $148,570
   C. $186,750
   D. $125,680

8. 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

9. 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

10. In a normal accounting period, an allocated amount of indirect cost is $700 and an actual amount is $800, then this can be classified as ____________?

    A. under allocated indirect cost
    B. over allocated direct cost
    C. over allocated budget
    D. under allocated budget