Accounting Medium 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 ✓ AK Ali Khan 4 months ago
Accounting Medium In a normal accounting period, an allocated amount of indirect cost is $700 and an actual amount is $800, then this can be classified as ____________? A under allocated indirect cost ✓ B over allocated direct cost ✓ C over allocated budget ✓ D under allocated budget ✓ AK Ali Khan 4 months ago
Accounting Medium The costing technique, in which the actual direct rates are multiplied to quantity of direct cost inputs is classified as __________? A priced costing ✓ B actual costing ✓ C direct costing ✓ D indirect costing ✓ AK Ali Khan 4 months ago
Accounting Medium If an actual manufacturing overhead costs is $485000 and actual total quantity of cost allocation base is 4500 labor hours, then the overhead rate would be _____________? A 109.87 ✓ B $107.78 ✓ C $106.56 ✓ D $104.34 ✓ AK Ali Khan 4 months ago
Accounting Medium 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% ✓ AK Ali Khan 4 months ago
Accounting Medium The procedure of assigning the direct cost to any cost abject is classified as ____________? A sales allocation ✓ B cost tracing ✓ C cost allocation ✓ D sales tracing ✓ AK Ali Khan 4 months ago
Accounting Medium 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 ✓ AK Ali Khan 4 months ago
Accounting Medium If the budgeted annual manufacturing indirect cost is $2250000 and the cost allocation base is 2800 labor hour, then budgeted manufacturing overhead rate will be ___________? A $803.571 per labor hour ✓ B $805 per labor hour ✓ C $905 per labor hour ✓ D $802 per labor hour ✓ AK Ali Khan 4 months ago
Accounting Medium In a normal accounting period, the allocated amount of indirect cost is $2000 and the actual amount is $2200, it classified as __________? A over allocated budget ✓ B under allocated budget ✓ C under allocated indirect cost ✓ D over allocated direct cost ✓ AK Ali Khan 4 months ago
Accounting Medium If the budgeted indirect cost is $225 and the budgeted cost allocation base is $750 per hour, then the annual indirect cost (budgeted) would be __________? A $168,750 ✓ B $148,570 ✓ C $186,750 ✓ D $125,680 ✓ AK Ali Khan 4 months ago