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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 __________?
Related MCQs
If the budgeted direct labor hours are 3550 and direct labor cost rate is $500 per labor hour, then total direct labor cost would be __________?
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If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is _________?
If the budgeted total direct labor hours are 3800 and budgeted direct labor cost is $480000, then the budgeted direct labor cost rate will be __________?
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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 document which contains information about the materials of specific product, in specific department comes under __________?
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If an allocated indirect cost is $1500 and the actual incurred indirect cost is $1200, then this is classified as __________?
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An allocation approach, in which all the overhead entries are restated using actual cost rates in place of budgeted rates is called __________?
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If an actual manufacturing overhead costs is $225000 and actual total quantity of cost allocation base is 2500 labor hours, then the overhead rate will be __________?
The costing and allocating situation, in which the indirect cost allocated amount is less than actually incurred amount is known as __________?
In accounting system, a document which consists of all assigned cost for specific job is classified as __________?
The single or multiple units of distinct services or products are classified as _________?
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The term which describes the assigning of indirect cost, to any cost object is classified as __________?
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%
Correct Answer:
89.72%
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Last Updated:
May 11, 2023