Question
a.
selling time record
b.
labor time record
c.
buying time record
d.
direct time record
Posted under Cost Accounting
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. A document which consists information about labor time usage, for specific job in a specific department, is known as
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. 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
View solution
Q. If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is
View solution
Q. In accounting system, a document which consists of all assigned cost for specific job is classified as
View solution
Q. The manufacturing overhead cost allocated to individual jobs is classified as
View solution
Q. If the budgeted annual indirect cost is $85000 and budgeted annual quantity of cost allocation base is $7500, then budgeted indirect cost rate would be
View solution
Q. The costing and allocating situation, in which the indirect cost allocated amount is less than actually incurred amount is known as
View solution
Q. The systematic way of linking group of indirect cost to a cost object is classified as
View solution
Q. 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
View solution
Q. If an actual indirect cost incur is $35000 and the indirect cost allocated is $43000, then the under allocated indirect cost will be
View solution
Q. 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
View solution
Q. The costing technique, in which the actual direct rates are multiplied to quantity of direct cost inputs is classified as
View solution
Q. In normal costing, the manufacturing overhead allocated is also called
View solution
Q. 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
View solution
Q. An allocation approach, in which all the overhead entries are restated using actual cost rates in place of budgeted rates is called
View solution
Q. 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
View solution
Q. The procedure of assigning the direct cost to any cost abject is classified as
View solution
Q. If an actual indirect cost incurred is $25000 and the indirect cost allocated is $23000, then the over allocated indirect cost would be
View solution
Q. In an accounting system, the document which supports journal entries is classified as
View solution
Q. 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
View solution
Q. 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
View solution
Recommended Subjects
Are you eager to expand your knowledge beyond Cost Accounting? We've handpicked a range of related categories that you might find intriguing.
Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!