If an actual indirect cost incurred is $25000 and the indirect cost allocated is $23000, then the over allocated indirect cost would be ________?

Related Mcqs:

1. 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

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. 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

4. 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%

5. 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%

6. 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

7. 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

8. 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

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. 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