Cost Accounting Mcqs

A. unadjusted allocation rate approach
B. adjusted budget rate approach
C. unadjusted budget rate approach
D. adjusted allocation rate approach

A. actual manufacturing overhead rate
B. manufacturing overhead costs
C. overhead rate
D. direct rate

A. under applied indirect cost
B. under absorbed indirect cost
C. absorbed indirect cost
D. both a and b

A. 15.67 per piece
B. 16.67 per piece
C. 14.67 per piece
D. 13.67 per piece

A. costing method
B. selling method
C. material acquisition method
D. none of above

A. expected total direct labor cost
B. budgeted total direct labor cost
C. budgeted total indirect labor cost
D. expected labor hours

A. budgeted indirect labor cost rate
B. expected direct labor cost rate
C. budgeted direct labor cost rate
D. expected indirect labor cost rate

A. applied indirect cost
B. applied direct cost
C. incurred indirect cost
D. over allocated indirect cost

A. expected indirect cost rate
B. expected direct cost rate
C. budgeted indirect cost rate
D. budgeted direct cost rate

A. sale costing system
B. job costing system
C. price costing system
D. process costing system