Related Mcqs:

1. If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is _________?

   A. $138 per labor hour
   B. $137.27 per hour
   C. $140 per labor hour
   D. $142 per labor hour

2. If the budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be _____________?

   A. $4,730,000
   B. $3,730,000
   C. $2,730,000
   D. $1,730,000

3. If the budgeted direct labor hours are 3550 and direct labor cost rate is $500 per labor hour, then total direct labor cost would be __________?

   A. $1,775,000
   B. $1,675,000
   C. $1,875,000
   D. $1,975,000

4. The budgeted total direct labor cost is divided with budgeted total direct labor, to calculate ___________?

   A. budgeted indirect labor cost rate
   B. expected direct labor cost rate
   C. budgeted direct labor cost rate
   D. expected indirect labor cost rate

5. The budgeted direct labor hours are multiplied to direct labor cost rate, to calculate ____________?

   A. expected total direct labor cost
   B. budgeted total direct labor cost
   C. budgeted total indirect labor cost
   D. expected labor hours

6. 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%

7. 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%

8. 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

9. 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

10. If the budgeted total cost in fixed overhead is $465200 and the budgeted total quantity is $8750, then budgeted fixed overhead cost per unit will be ____________?

    A. $83.17
    B. $73.17
    C. $53.17
    D. $63.17