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

Related Mcqs:

1. 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

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. In cost-plus pricing, the ‘plus’ refers to a component named as ___________?

   A. off shore cost
   B. markup
   C. sunk cost
   D. outsource cost

4. 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

5. 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

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

   A. sales mix allocation method
   B. dual-rate cost-allocation method
   C. single rate cost allocation method
   D. both b and c

7. If the cost of indirect support labor is $5000, equipment maintenance setup cost is $7000 and machinery leasing cost is $4000 then variable fixed cost will be ___________?

   A. $16,000
   B. $12,000
   C. $18,000
   D. $21,000

8. 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

9. 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

10. The customer sustaining costs, customer batch-level costs and customer output-unit level costs are classified as _________?

    A. customer level indirect costs
    B. customer level direct costs
    C. corporate level direct costs
    D. corporate level indirect costs