In throughput costing, the variable manufacturing overhead and direct manufacturing labor cost must be treated as ___________?

Related Mcqs:

1. 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...

2. 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...

3. If the budgeted total direct labor hours are 3800 and budgeted direct labor cost is $480000, then the budgeted direct labor cost rate will be ___________?

   A. $126.32 per labor hour B. $128.32 per labor hour C. $130 per labor hour D. $132 per labor hour...

4. 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...

5. The conversion cost is $2000 and the manufacturing overhead cost is $7000, then the direct manufacturing labor cost will be _________?

   A. $27,000 B. $13,000 C. $130,000 D. $29,500...

6. The direct manufacturing labor costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be ____________?

   A. $47,000 B. $33,000 C. $57,000 D. $18,000...

7. The direct manufacturing labor costs is added into manufacturing overhead cost to calculate ___________?

   A. transaction costs B. conversion costs C. resale costs D. merchandise costs...

8. If the budgeted annual manufacturing indirect cost is $2250000 and the cost allocation base is 2800 labor hour, then budgeted manufacturing overhead rate will be ___________?

   A. $803.571 per labor hour B. $805 per labor hour C. $905 per labor hour D. $802 per labor hour...

9. In variable costing, the variable manufacturing and fixed manufacturing cost focus on __________?

   A. distinction B. similarities C. increase in units D. decrease in units...

10. The costing method, in which the variable manufacturing costs are treated as inventoriable cost is called ___________?

    A. manufacturing costing B. absorption costing C. variable costing D. labor costing...