The method, which allocates the cost of support department, to operating and support departments is known as ___________?

Related Mcqs:

1. 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...

2. 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...

3. 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...

4. 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...

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

   A. complete reciprocal costs B. artificial costs C. operating costs D. flexible operating costs...

6. 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...

7. The method, which considers the cost and cost drivers of departments such as employee relations and process engineering is termed as __________?

   A. pricing method B. manufacturing method C. conference method D. inference method...

8. The department which provides assisting services to internal departments is classified as __________?

   A. supply department B. support department C. production department D. allocation base department...

9. The methods used to allocate costs of reciprocal support departments include ____________?

   A. direct method B. step down C. reciprocal method D. all of above...

10. 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...