The conversion cost is subtracted from direct manufacturing labor cost to calculate the ____________?

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 conversion cost is subtracted from manufacturing overhead cost is to calculate the ____________?

   A. manufacturing labor costs B. direct labor costs C. direct manufacturing labor costs D. indirect manufacturing labor costs...

8. 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...

9. 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...

10. 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...