The procedure of assigning the direct cost to any cost abject is classified as ____________?

Related Mcqs:

1. The process of assigning the direct or indirect cost to any cost object is known as ____________?

   A. cost assignment B. cost expectation C. event assignment D. probability assignment...

2. If the budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be _____________?

   A. $4,730,000 B. $3,730,000 C. $2,730,000 D. $1,730,000...

3. If the budgeted total direct labor hours are 3800 and budgeted direct labor cost is $480000, then the budgeted direct labor cost rate will be ___________?

   A. $126.32 per labor hour B. $128.32 per labor hour C. $130 per labor hour D. $132 per labor hour...

4. If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is _________?

   A. $138 per labor hour B. $137.27 per hour C. $140 per labor hour D. $142 per labor hour...

5. 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...

6. The term which describes the assigning of indirect cost, to any cost object is classified as ___________?

   A. cost allocation B. sales tracing C. sales allocation D. cost tracing...

7. The prime cost is $50000 and the direct manufacturing labor is $10000, then the direct material cost will be ____________?

   A. $40,000 B. $60,000 C. $52,000 D. $20,000...

8. The direct material cost is $75000 and direct manufacturing labor is $20000, then prime cost would be ________?

   A. $55,000 B. $37,500 C. $95,000 D. $26,000...

9. If the direct material cost is $5500 and the prime cost is $25000, then the direct manufacturing labor would be ___________?

   A. $19,500 B. $30,500 C. $45,500 D. $22,500...

10. If the direct material cost is $85000 and direct manufacturing labor is $25000, then prime cost would be _________?

    A. $13,500 B. $55,600 C. $60,000 D. $110,000...