The approaches to allocate costs of support department do not include ___________?

Related Mcqs:

1. The methods used to allocate costs of reciprocal support departments include ____________?

   A. direct method
   B. step down
   C. reciprocal method
   D. all of above

2. The method, which allocates the cost of support department, to operating and support departments is known as ___________?

   A. indirect method
   B. direct method
   C. step down method
   D. reciprocal method

3. The costs, which consist of interdepartmental cost allocations plus cost of support department are classified as ___________?

   A. complete reciprocal costs
   B. artificial costs
   C. operating costs
   D. flexible operating costs

4. Support department cost allocation method which makes no difference between variable and fixed costs is classified as ___________?

   A. sales mix allocation method
   B. dual-rate cost-allocation method
   C. single rate cost allocation method
   D. quantity variance allocation method

5. The costs that are incurred in last department, where the product has been processed and will be carried to next department for further processing are called __________?

   A. partial work costs
   B. transferred-in costs
   C. transferred-out costs
   D. weighted average costs

6. The method which allocates the cost of support department to only operating departments is called ___________?

   A. indirect method
   B. direct method
   C. step down method
   D. reciprocal method

7. The method which divides the support department cost into two dimensions such as fixed and variable cost pool is classified as ___________?

   A. sales mix allocation method
   B. dual-rate cost-allocation method
   C. single rate cost allocation method
   D. quantity variance allocation method

8. The method, which allocates cost of support department for operating departments by recognizing all the mutual services provided is classified as ___________?

   A. indirect method
   B. direct method
   C. step down method
   D. reciprocal method

9. The method, which uses specific information on products as weights to allocate bundled revenues for each product in bundle is classified as ___________?

   A. step down allocation method
   B. stand-alone revenue allocation method
   C. incremental revenue allocation method
   D. revenue mix allocation method

10. 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