A. expected indirect cost rate
B. expected direct cost rate
C. budgeted indirect cost rate
D. budgeted direct cost rate
Accounting Mcqs
Accounting Mcqs for Preparation of various Test announced by Fpsc, kppsc, Nts, ppsc. accounting mcqs for accountant. These Mcqs are very helpful for the Preparation of various posts of Senior Auditor, Junior Auditor, Accountant and for Cost Accountant.
Principles of Accounting, Accounting Equation, Analyzing & Classifying Transaction, Journal, Ledger, Banking Transactions, Cash book and Bank Reconciliation Statement, Bill of Exchange, Capital & Revenue, Rectification of Errors, Final Accounts, Adjustments.
A. sale costing system
B. job costing system
C. price costing system
D. process costing system
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
