A. economic cost
B. cost tracing
C. cost allocation
D. non-economic costs
Related Mcqs:
- 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 - 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 - If an actual indirect cost incurred is $25000 and the indirect cost allocated is $23000, then the over allocated indirect cost would be ________?
A. $48,000
B. −$2000
C. $2,000
D. −$48000 - If an actual indirect cost incur is $35000 and the indirect cost allocated is $43000, then the under allocated indirect cost will be __________?
A. $78,000
B. −$78000
C. −$8000
D. $8,000 - An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as ______________?
A. variable batch costs
B. fixed batch costs
C. variable setup costs
D. fixed setup costs - If the budgeted cost in indirect cost pool is $144500 and total quantity of cost allocation base is $165500, then the budgeted indirect cost rate will be __________?
A. 67.30%
B. 87.31%
C. 55.50%
D. 45.50% - If the budgeted cost in indirect cost pool is $139600 and total quantity of cost allocation base is $155600, then the budgeted indirect cost rate would be __________?
A. 69.72%
B. 79.72%
C. 99.75%
D. 89.72% - If the budgeted indirect cost arte is $115 and the budgeted cost allocation base is $830 per hour, then the annual indirect cost (budgeted) will be ___________?
A. $93,450
B. $94,560
C. $96,450
D. $95,450 - 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
Mcq Added by: Lubaba Zarshal
