The costing technique, in which the actual direct rates are multiplied to quantity of direct cost inputs is classified as __________?

Related Mcqs:

1. In actual costing, an actual quantity of used inputs are multiplied with actual prices to calculate: ___________?

   A. fixed direct manufacturing cost B. variable direct manufacturing cost C. fixed indirect manufacturing cost D. variable indirect manufacturing cost...

2. Of the cost allocation base, the difference between actual and budgeted variable overhead cost multiplied by actual quantity for actual output is classified as ____________?

   A. variable overhead spending variance B. fixed overhead spending variance C. constant spending variance D. potential spending variance...

3. In normal costing, an actual quantity of cost allocation used base is multiplied to budgeted fixed overhead rates to calculate the ___________?

   A. indirect manufacturing overhead cost B. direct manufacturing overhead cost C. fixed manufacturing overhead cost D. variable manufacturing overhead cost...

4. In an actual quantity of cost allocation used, base is multiplied to an actual fixed overhead rates, to calculate ___________?

   A. fixed manufacturing overhead cost B. variable manufacturing overhead cost C. indirect manufacturing overhead cost D. direct manufacturing overhead cost...

5. An actual quantity of input use is multiplied to actual prices, to calculate direct variable manufacturing cost in ________?

   A. actual costing method B. normal costing method C. direct costing method D. indirect costing method...

6. In the standard costing, the standard quantity allocation is multiplied to standard overhead rates for allocating __________?

   A. flexible costs B. variable costs C. overhead costs D. fixed costs...

7. In normal costing, the budgeted rate is multiplied to an actual quantity, which have been used as the allocation base to calculate ___________?

   A. budget overhead applied B. manufacturing overhead applied C. labor overhead applied D. none of above...

8. 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...

9. The difference between actual quantity use and input quantity for output is multiplied with budgeted price to calculate ___________?

   A. efficiency deviation B. efficiency variance C. budgeted variance D. usage variance...

10. 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...