A. manufacturing overhead applied
B. labor overhead applied
C. cost overhead applied
D. budget overhead applied
Related Mcqs:
- The spread of over allocated overhead and under allocated overhead among work in process, finished goods and goods sold cost is classified as __________?
A. proration approach
B. appreciation approach
C. depreciation approach
D. adjusted approach - An approach which yields the benefits of normal costing and the actual manufacturing overhead is classified as ____________?
A. unadjusted allocation rate approach
B. adjusted budget rate approach
C. unadjusted budget rate approach
D. adjusted allocation rate approach - In throughput costing, the variable manufacturing overhead and direct manufacturing labor cost must be treated as ___________?
A. accrual cost
B. incurred cost
C. period costs
D. setup costs - If the fixed overhead allocated for actual output unit is $9800 and budgeted fixed overhead is $22000, then production volume variance would be _________?
A. $31,800
B. $12,300
C. $12,200
D. $41,800 - If the fixed overhead allocated for actual output unit is $7500 and budgeted fixed overhead is $21000, then the production volume variance will be __________?
A. $16,500
B. $15,500
C. $14,500
D. $13,500 - The fixed overhead allocated for actual output unit is subtracted from budgeted fixed overhead to calculate _______________?
A. budget variance
B. production volume variance
C. price volume variance
D. cost volume variance - If fixed overhead allocated for actual output units is $36000 and the production volume variance is $7000, then budgeted fixed overhead will be __________?
A. $43,000
B. $42,000
C. $29,000
D. $19,000 - If fixed overhead allocated for actual output units is $25000 and the production volume variance is $9000, then budgeted fixed overhead will be _____________?
A. $34,000
B. $24,000
C. $16,000
D. $18,000 - The manufacturing overhead cost allocated to individual jobs is classified as ___________?
A. manufacturing overhead allocated
B. cost overhead applied
C. manufacturing overhead applied
D. both A and C - 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
