A. manufactured costing
B. activity based costing
C. allocation costing
D. base costing
Related Mcqs:
- A costing system, which focuses on individual activities as the particular cost object is classified as __________?
A. activity based costing
B. improved costing
C. learned improvements
D. positive effectiveness - The costing system, which is a combination of process costing and job costing system, is classified as __________?
A. weighted costing system
B. average costing system
C. hybrid costing system
D. double costing system - The costing technique, which classify all the activities in costing hierarchy is classified as ____________?
A. activity based costing
B. non-financial costing
C. profit costing
D. lump sum costing - If the fixed manufacturing cost expenses are under variable costing and are not expensed in absorption costing, it is resulting in _________?
A. production exceeds breakeven sales
B. breakeven sales exceeds production
C. price exceeds cost
D. cost exceeds price - The method of inventory costing, in which all variable and fixed manufacturing cost is considered as inventoriable cost can be termed as __________?
A. absorption costing
B. variable costing
C. fixed costing
D. manufacturing cost - 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 - In a given scenario, if the cost is considered as indirect cost then independent variable will be considered as _________?
A. demand allocation base
B. supply allocation base
C. cost allocation base
D. price allocation base - The method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as ___________?
A. bundled products allocation method
B. variable cost allocation method
C. stand-alone cost allocation method
D. incremental cost allocation method - The cost of operating activity, facility or any cost object which usually shares by two or more than two users is classified as _________?
A. bundled cost
B. common cost
C. stand-alone cost
D. incremental cost - The cost object user, who is ranked first in incremental cost allocation method is known as _________?
A. First incremental user
B. primary user
C. secondary user
D. second incremental user
