Cost Accounting Mcqs

A. proration approach
B. appreciation approach
C. depreciation approach
D. adjusted approach

A. cost document
B. priced document
C. source document
D. direct document

A. $48,000
B. −$2000
C. $2,000
D. −$48000

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

A. manufacturing overhead applied
B. labor overhead applied
C. cost overhead applied
D. budget overhead applied

A. $60
B. $90
C. $80
D. $70

A. over allocated budget
B. under allocated budget
C. under allocated indirect cost
D. over allocated direct cost

A. job cost record
B. job cost sheet
C. source document
D. both a and b

A. cost
B. job
C. post
D. price

A. per unit cost
B. per post cost
C. per price cost
D. application cost