A. no cost pool
B. One or two cost pools
C. sustained tracing
D. support tracing
Related Mcqs:
- 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 - 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 - In the activity based costing method implementation, an output unit level costs are classified as ____________?
A. indirect costs
B. direct cost
C. labor cost
D. raw material cost - In an activity based costing implementation, the product’s diverse demand is based on _________?
A. batch size
B. complexity
C. process steps
D. all of above - An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________?
A. variable batch costs
B. fixed batch costs
C. variable setup costs
D. fixed setup costs - An implementation of activity based costing would be possible only if the accountants find ____________?
A. goodness of each activity
B. handling of each activity
C. cost driver for each activity
D. cost object for each activity - 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 - 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 - In activity based costing system, the description of activity can be classified as __________?
A. activity list
B. activity dictionary
C. active purpose
D. both A and B - 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
