The first step in developing cost rate for budgeted variable overhead is to __________?

A. choose the budgeting period
B. select allocation bases
C. identify variable overhead cost
D. compute the per unit rate

Related Mcqs:

If the budgeted total cost in fixed overhead is $385000 and the budgeted total quantity is $6730, then budgeted fixed overhead cost per unit will be __________?
A. $57.21 per unit B. $67.21 per unit C. $77.21 per unit D. $87.21 per unit...
If the budgeted total cost in fixed overhead is $465200 and the budgeted total quantity is $8750, then budgeted fixed overhead cost per unit will be ____________?
A. $83.17 B. $73.17 C. $53.17 D. $63.17...
If the budgeted quantity of output unit is 450 and budgeted overhead fixed cost is $250, then budgeted fixed overhead output unit will be __________?
A. $142,500 B. $112,500 C. $122,500 D. $132,500...
The budgeted quantity of output unit is 250 and budgeted overhead fixed cost is $150, then budgeted fixed overhead output unit will be __________?
A. $67,500 B. $57,500 C. $47,500 D. $37,500...
If an actual variable quantity is 50, the actual and budgeted overhead cost of allocation is $7550 and $4500 respectively, then the variable overhead spending variance could be __________?
A. $182,500 B. $152,500 C. $162,500 D. $172,500...
If an actual variable quantity is 70, the actual and budgeted overhead cost of allocation is $8650 and $3500 respectively, then the variable overhead spending variance will be __________?
A. $660,500 B. $560,500 C. $460,500 D. $360,500...
If the budgeted annual indirect cost is $60000, budgeted annual quantity of cost allocation base is $3600, then budgeted indirect cost rate will be __________?
A. 15.67 per piece B. 16.67 per piece C. 14.67 per piece D. 13.67 per piece...
If the budgeted annual indirect cost is $85000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be __________?
A. 112.34 per piece B. 113.34 per piece C. 111.34 per piece D. 110.34 per piece...
The budgeted variable overhead rate, is multiplied to an actual quantity of allocation base, is to calculate variable manufacturing cost of overheads in ___________?
A. direct costing method B. indirect costing method C. actual costing method D. normal costing method...
The difference between actual variable overhead cost and flexible budget variable overhead amount is termed as __________?
A. overhead flexible budget variance B. overhead fixed budget variance C. overhead flexible cost variance D. overhead flexible price variance...