The cost pool category, which have the similar cause and effect relationship, with each cost driver uses as an allocation base is classified as __________?

Related Mcqs:

1. If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be __________?

   A. 67.30%
   B. 87.31%
   C. 55.50%
   D. 45.50%

2. If the budgeted cost in indirect cost pool is $139600 and total quantity of cost allocation base is $155600, then the budgeted indirect cost rate would be __________?

   A. 69.72%
   B. 79.72%
   C. 99.75%
   D. 89.72%

3. Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as __________?

   A. heterogeneous relationship
   B. extreme relationship
   C. no homogeneous relationship
   D. homogeneous relationship

4. If an actual quantity of cost allocation base is $48000 and budgeted quantity of cost allocation base is $28000, then variable overhead efficiency variance would be __________?

   A. $20,000
   B. $76,000
   C. $86,000
   D. $96,000

5. In the cause and effect relationship between cost level and cost driver, the inflationary price effects are removed by dividing cost through _______________?

   A. price index
   B. cost index
   C. profit index
   D. cost driver index

6. The budgeted total cost in indirect cost pool, is divided by budgeted total quantity of the cost allocation base, is calculated by _________?

   A. budgeted direct cost rate
   B. budgeted indirect cost rate
   C. expected indirect cost rate
   D. direct budget percentage

7. An actual quantity of cost allocation base is $56000, budgeted quantity of cost allocation base is $17000, then the variable overhead efficiency variance is ___________?

   A. $39,000
   B. $49,000
   C. $59,000
   D. $73,000

8. The total indirect cost in the pool by an actual quantity of cost allocation base, is used to calculate ____________?

   A. actual manufacturing overhead rate
   B. manufacturing overhead costs
   C. overhead rate
   D. direct rate

9. The hierarchy which is based on different types of cost allocation and drivers, to categorize cost pool activity is classified as __________?

   A. cost hierarchy
   B. price hierarchy
   C. activity hierarchy
   D. purpose hierarchy

10. If the difference between costs linked to highest and lowest observation of cost driver is $36000 and observation of cost driver is 30 machine hours, then slope coefficient would be __________?

    A. $1,200
    B. $1,400
    C. $1,600
    D. $1,800